2017 (1) TMI 1775

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.... an appeal filed by the assessee directed against the order of the Ld. Commissioner of Income Tax (Appeals)-20, New Delhi dt. 06.08.2015 pertaining to the assessment year (A.Y.) 2011-12 on the following grounds. 2. Facts of the case:- The assessee is an individual who is engaged in the business of trading in board, plywood, timber and allied items by forming the proprietary unit under the name ....

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....e order of CIT(A) were unjustified, unlawful and against the natural law of justice. 2. In the circumstances and facts of the case the learned C.I.T. (Appeal) was not justified in sustaining the addition of Rs. 25,04,820/- while such additions were only arbitrary, imaginary and were contrary to the facts of the case placed on the record during the course of Asstt. proceedings. 3.....

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....tices were fully complied with, thus, an estimation of income by treating it as non-compliance or defective was not justified. 7. That the appellant craves his right to amend, delete or add any grounds of appeal at or before the time of hearing." 5. After hearing rival contentions I am of the considered opinion that the assessee was not granted sufficient opportunity to demonstrate its....