GUNA ADINARAYANA,GUNTUR vs. INCOME TAX OFFICER, WARD-1(1), GUNTUR

We have heard both the sides and perused the material available on record as well as the orders of the Ld. Revenue Authorities. On perusal of the order of the Ld. CIT(A)-NFAC, we find that the Ld. CIT(A)-NFAC has not discussed about the submissions made by the assessee regarding the sale of agricultural land. Further, in order to provide one more opportunity to the assessee to raise the additional legal ground 5 before the Ld. CIT(A)-NFAC, we consider it deem fit to remit the matter back to the file of the Ld. CIT(A)-NFAC thereby directing the Ld. CIT(A)-NFAC to adjudicate the case on merits by providing one more opportunity of being heard to the assessee in accordance with the principles of natural justice. It is ordered accordingly.

In the result, appeal filed by the assessee is allowed for statistical purposes as indicated herein above.