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TMI Blog2019 (6) TMI 1706X X X X Extracts X X X X X X X X Extracts X X X X ..... ord CIT(A) dismissed the appeal - Since, assessee pleads that the non appearance before the CIT(A) was in connection with his preoccupation with the fire happened in his office and the impugned transactions happened through proper banking channels which could be proved before the lower authorities, if due opportunity is given to him which would result in a meritorious decision etc. - HELD THAT:- W ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 166/CIT(A)-5/2016-17 dated 04.08.2017 for the assessment year (AY) 2014-15. 2. Shri Tejraj Ajey, the assessee, is an individual. While making the assessment for AY 2014-15, the Assessing Officer(AO), inter alia, added the loan creditors of Rs. 90,000/- holding that it was bogus and fictitious transaction, Rs. 1,31,35,000/- as an unexplained unsecured loan, Rs. 1,45,50,000/- as unexplained credito ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e given an opportunity to explain the transactions so that the issues could be decided on merit. Per contra, the ld. Departmental Representative supported the orders of lower authorities. 4. We heard the rival submissions and gone through the relevant material on record. Since, the Authorized Representative of assessee pleads that the non appearance before the ld. CIT(A) was in connection with hi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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