KRUPAL VIKRAMBHAI PATEL,AHMEDABAD vs. THE INCOME TAX OFFICER, WARD-6(1)(4), AHMEDABAD

आदेश/ORDER This is an appeal filed by the assessee against the order of the ld. Commissioner of Income Tax, CIT(A), National Faceless Appeal Centre, Delhi, in proceeding u/s. 250 vide order dated 26/06/2024 passed for the assessment year 2011-12.

taken by the assessee are as under:-

2. The Ld. CIT(A), NFAC has erred in law and on facts in upholding the action of the AO of treating a sum of Rs. 45,526/- as unexplained investments u/s. 69A of the Act 3. The Ld. CIT(A), NFAC further erred in law and on facts in upholding the action of the AO of treating the sum of Rs. 35,20,000/- found deposited in bank accounts as unexplained deposits of the Appellant. 4. The Appellant craves leave to add, amend, delete or alter one or more grounds of appeal.”

3. At the outset, ld. counsel for the assessee has fairly submitted that the assessee could not attend and filed revised return before the revenue authorities owing to the portal problems and also submitted that the advocate representing the assessee has left abroad. It was pleaded given an opportunity due compliance would be made before the authorities below. Ld. D.R. fairly agreed to the proposal that the matter needs to be looked into by the Assessing Officer in toto. Hence, in the interest of justice, the matter is referred to the Assessing Officer to initiate assessment proceedings de- novo and pass an order after affording an opportunity of being heard to the assesee.

Order pronounced in the open court on 13-11-2024