2025 (3) TMI 1986

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....Kaur Hansra, Sr.DR ORDER PER BENCH This appeal filed by the assessee is directed against the order dated 28.12.2015 passed by CIT(A)-I, Gurgaon, arising out of the order passed by Assessing Officer dated 31.03.2014 for A.Y.2011-12. 2. The First issue raised by the assessee vide grounds of the appeal no 1-3 are regarding an addition of Rs. 2,94,11,091/- made by the Ld. Assessing Officer....

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....he matter in the light of material available records. We are of the considered view that there exists a case for re-adjudication of the matter at the end of the Ld. AO in the light of the arguments and evidence put forth by the assessee. Accordingly, in the interest of justice, we set aside the order of lower authorities on this issue and direct the Ld. AO to re-adjudicate the matter De Novo, afte....

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....yo engg. India Ltd. (11 SOT 422 Mumbai) and Pradeep Kumar Dhir 107 ITD 118 (Chandigarh) he, rejected the claim of appellant. The Ld. Counsel for the assessee reiterated the arguments taken before the Ld. First Appellate Authority. The Ld. DR argued in favour of the lower authorities. 5. We have heard rival submission on the matter in the light of material available records. We have noted that t....