SAFALI MAHENDRAKUMAR PATEL,ANAND vs. THE ITO, WARD-4, ANAND

Facts

The assessee failed to file a return for AY 2012-13. The AO reopened the assessment under Section 147 after receiving information about the purchase of an immovable property. The assessee's share was Rs. 18,19,000/-, which was added as unexplained investment under Section 69 as the source was not explained.

Held

The Tribunal set aside the order of the Ld. CIT(A) and restored the matter for fresh adjudication. The assessee was granted one final opportunity to present their case, directing full cooperation and response to notices without adjournments.

Key Issues

Whether the assessee should be granted a final opportunity to present their case before the CIT(A) despite previous ex-parte proceedings and non-compliance.