2001 (3) TMI 234

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... and are, therefore, disposed of by a common order for the sake of convenience. 2. ITA Nos. 4502, 4503 and 4504/Ahd/1991 are directed against the combined order dt. 31st May, 1991 and ITA No. 3862/Ahd/1992 is directed against the order dt. 27th July, 1992, passed by the learned CIT(A), Surat. One of the common issues in all these appeals is with regard to the action of the CIT(A) who has confir....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s of three parties viz., Shri H.S. Banker Rs. 10,000 plus interest Rs. 800, Shri Jayantilal Chunilal Rs. 50,000 plus interest Rs. 5,400 and Shri Madanlal Jamnadas Rs. 25,000 plus interest Rs. 5,261 totalling Rs. 96,461. 5. At the time of hearing, the learned authorised representative of the assessee pleaded that the issue with regard to the additions made by the AO, as confirmed by the learned ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ntative of the assessee but he pleaded that the orders of the Tribunal have not been accepted by the Departmental authorities and he prayed for a review of the order of the Tribunal relied upon by the learned authorised representative of the assessee. After considering the rival submissions we are of the opinion that the issues in dispute are squarely covered by the aforesaid decisions of the Trib....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the interest of justice the issue may be set aside and restricted to the file of the AO for fresh adjudication in accordance with law after allowing an opportunity of being heard to the assessee. Reliance was placed on the decision of the Tribunal in the case of Gopichand Nebhumal & Co. in ITA No. 3933/Ahd/1992, order dt. 2nd June, 1999, wherein similar addition on account of cash credit of Rs. 9....