2019 (7) TMI 1968

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....ndu Dutta, DR ORDER Per C.M.Garg,JM This is an appeal filed by the assessee against the order of the CIT(A)-1, Bhubaneswar dated 22.5.2017 for the assessment year 2007-08. 2. The sole grievance of the assessee in this appeal is that the CIT(A) erred in confirming the addition of Rs.45,29,020/- under the head " unsecured loan". 3. This is second round of appeal. In the first round, t....

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....th evidence of payment. However, since the assessee failed to produce the creditors, the Assessing Officer repeated the addition as was done at the time of original assessment. 5. The assessee carried the matter in appeal before the CIT(A). The CIT(A) also confirmed the action of the Assessing Officer as the assessee failed to comply with the direction of the Tribunal to produce all the loan cr....