2016 (5) TMI 1570

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..... 4 or any show cause notice was served to the assessee before making such a huge addition - HELD THAT:- We find that ld. CIT(A) has confirmed all the additions except allowing deduction u/s 80C, relying on the remand report of AO. However, ld. counsel submits that facts needs to be remarshalled as assessee did not get sufficient opportunity to plead his case. Considering the entirety of facts, afte .....

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..... cts of the case are that consequent to search conducted in the Aerens Group on 17.8.2011, search & seizure operations u/s 132 of the Income-tax Act, 1961 were conducted on 10.2.2012 in the case of the assessee. The case was centralized in Central Circle-9, New Delhi. In pursuance to notice u/s 153A, assessee filed return declaring income of ₹ 26,69,140/-. AO has observed that inspite of noti .....

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..... ed out that in the written submissions it was, inter alia, pointed out that additions had been made in wrong year. He further pointed out that the details of payments made to Indirapuram Habitat Centre were given but all these details have not at all been considered by lower revenue authorities. He submitted that the matter may be restored back to the file of AO so that correct factual position ma .....

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