2015 (1) TMI 1

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..... e additional evidences. As the Assessing Officer has no occasion to examine these additional evidences, we remit the entire issue back to the file of the AO with a direction to the Assessing Officer to examine the Paper Book filed by the assessee. The Assessing Officer shall satisfy himself as to whether the assessee has sufficient cash balances to make such deposits and after giving reasonable op .....

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..... t of cash deposits and credit card payments. Aggrieved, the assessee preferred an appeal before the CIT(A). 3. During the first appellate proceedings, the CIT(A) pointed out that notice of hearing was issued to the assessee on various dates and finally the AR appeared on 8.4.2013 and filed written submissions. The AR submitted that as the assessee was out of station, a detailed reply cannot be .....

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..... ces from some persons towards cash deposits anticipating finalisation of the development agreement of his property but due to some problems, this did not materialise. The AR submitted that the deposits in the bank accounts were out of these advances. He also filed a statement of the assessee s account with Andhra Bank. 5. The CIT(A) perused the Andhra Bank account statement submitted by the AR .....

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..... petition for admission of additional evidences. He pleaded that the assessee has gone to Varanasi for immersion of his mother s Asthikalu in the river Ganga and hence the assessee could not produce the relevant documents before the Revenue authorities because of his mother s ill health and his mother finally passed away. Further, the assessee himself is undergoing Dialysis ever alternate day .....

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..... r to examine the Paper Book filed by the assessee. The Assessing Officer shall satisfy himself as to whether the assessee has sufficient cash balances to make such deposits and after giving reasonable opportunity to the assessee to represent his case, the Assessing Officer shall decide the issue in accordance with law. 9. In the result, appeal of the assessee is allowed for statistical purposes .....

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