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TMI Blog2020 (12) TMI 149X X X X Extracts X X X X X X X X Extracts X X X X ..... - HELD THAT:- Assessee had claimed exemptions of two properties citing the provisions of Wealth Tax Act. Though the Assessing Officer mentioned that in the absence of evidence in support of the exemptions claimed, denied the exemptions but it is not clear as to what details were required to grant the relief as claimed by the assessee. Addition to the returned wealth on account of cash on hand, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ee directed against order of the Commissioner of Wealth Tax (Appeals), Pune-11, ( CWT(A) for short) dated 31.05.2018 for the Assessment Year 2011-12. 2. The assessee raised the following grounds of appeal : 1. The Hon. CIT(A) has erred in law and in facts is passing an ex-party appellate order u/s 18 of the Wealth Tax Act, 1957 confirming the net wealth at ₹ 84,61,350/- 2. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dividual. She filed the return of wealth declaring net wealth of ₹ 27,69,600/- in response to notice u/s 16(4) of the Wealth Tax Act dated 09.08.2012. The assessment was completed by the Assessing Officer vide order dated 28.03.2014 passed u/s 16(5) of Wealth Tax Act, 1957 at a total wealth of ₹ 1,14,61,350/- before allowing the basic exemption of ₹ 30,00,000/-. While doing so, t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . 4. Being aggrieved by the above additions, an appeal was preferred by the assessee before the ld. CWT(A). However, she had not responded to the notice of hearings issued by the ld. CWT(A) and therefore the ld. CWT(A) was forced to pass an ex-parte order. The ld. CWT(A) in the absence of any evidence in support of the exemptions claimed, confirmed the additions on merits. Thus, being aggrieved ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reas, we are concerned for the Financial Year 2010-11. There is no reference to any material suggesting the availability of cash on hand on 31.03.2011. In these circumstances, while deprecating the conduct of the assessee for not appearing before the lower authorities, in the interests of the justice, the matter is remanded back to the file of Assessing Officer for fresh adjudication in accordance ..... X X X X Extracts X X X X X X X X Extracts X X X X
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