2019 (7) TMI 1110 - SCH - Income Tax

Unexplained fixed deposits - Commissioner of Income-tax (Appeals) admitted the fixed deposit register as a fresh evidence without giving an opportunity of being heard to the Assessing Officer as prescribed under Rule 46A(3) - HC held FAA erred in having so deleted the addition on mere assumption based on surmises and conjectures; without actually verifying the genuineness of the transactions - HELD THAT - We are not inclined to interfere with the order impugned in the special leave petition. The same is, accordingly, dismissed.