2022 (11) TMI 1525

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....SMT. SHEETAL BORKAR, ADVOCATE FOR SHRI. S.PARTHASARATHI, ADVOCATE) FOR THE RESPONDENT : SHRI. M.DILIP, ADVOCATE FOR SHRI. K.V. ARAVIND, STANDING COUNSEL) JUDGMENT This appeal by the assessee directed against the order dated July 18, 2018 in ITA No.2145/Bang/2017 passed by the Income Tax Appellate Tribunal ('ITAT' for short), has been admitted to consider the following three questi....

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....addition of closing balances as on 31.03.2012, even though the said closing balances pertained to receipts of earlier previous years and not relating to the previous year relevant to the current assessment year 2012-13? 2. Heard Ms.Sheetal Borkar, learned Advocate for the assessee and Shri. Dilip M., learned Advocate for the Revenue. 3. Brief facts of the case are, for the A.Y. 2012-13, the ....

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....pass any order. 5. The said proposition is not disputed by Shri. Dilip. However, he contended that there is no clarity as to whether there was any opening balance as on 01.04.2011. In the remand report called for by the CIT(A), the Assessing Officer has clearly reported that the assessee had claimed that the amount was not received in the relevant assessment year, but no evidence was produced b....