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Income Tax Appellate Tribunal, DELHI BENCH “F + SMC”: NEW DELHI
Before: SHRI AMIT SHUKLA & SHRI PRASHANT MAHARISHI
The aforesaid appeal has been filed against impugned order dated 21.9.2017, passed by Ld. CIT(Appeals) for the quantum of assessment passed u/s 143(3) for the assessment year 2014-15.
The assessee is mainly aggrieved by addition of Rs. 25 lacs made u/s 68. Before us, Ld. Counsel submitted that the Ld. CIT (A) has dismissed the appeal ex parte without considering the merits and has confirmed the addition of Rs. 25 lacs and also adhoc disallowance of 50% of the expenses. He submitted that the notice sent by the Ld. CIT (A) was not given on the correct address. Therefore, the assessee could not put up any appearance before the Ld. CIT (A). Ld. DR submitted that the matter can be restored back to the file of the Ld. CIT (A) to decide afresh.