2020 (6) TMI 502

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..... an appeal filed by the assessee against the order of CIT(A) - 7, Hyderabad in appeal No. 438/CIT(A)-7/2016-17, dated 25/01/2019 passed U/s. 143(3) r.w.s 250(6) of the Act for AY 2014-15. 2. The assessee has raised the following grounds in his appeal: "1) The order of the learned Commissioner of Income Tax (Appeals) is erroneous both on facts and in law. 2) The learned Commissioner of Income .....

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..... come of Rs. 2,69,700/-. Subsequently, the case was selected for scrutiny and notice u/s 143(2) of the IT Act was issued to the assessee. Thereafter, assessment was completed U/s. 143(3) of the Act vide order dated 29/12/2016 wherein the Ld. AO disallowed the claim U/s.80C of the Act for Rs. 75,840/- and further made addition U/s. 68 towards unexplained cash deposited in the SB Account amounting to .....

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..... ssions and carefully perused the materials on record. It is apparent from the orders of the Ld. Revenue Authorities that proper opportunities were provided to the assessee. In this situation, the prayer of the Ld. AR does not have much merits. However, considering the financial strain of the assessee and the nature of additions made, I hereby remit the matter back to the file of Ld. AO for de-novo .....

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