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TMI Blog2014 (6) TMI 1090X X X X Extracts X X X X X X X X Extracts X X X X ..... R DR. S.T.M. PAVALAN, JM: This appeal filed by the Assessee is directed against the order of the Ld. CIT(A)-1, Mumbai dated 22.10.2012 for the Assessment Year 2009-10. 2. In this appeal, the assessee has agitated the action of the Ld.CIT (A) in confirming the action of the AO in taxing the impugned income amounting to Rs. 2,17,15,044/- on account of various receipts under the head 'profit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... u/s 143(3) of the Act, vide order sheet noting dated 09.11.2011, the AO has sought the details as regards the income received by the assessee from realities, agency commission, ground amenities, income from canteen and income from farm house. In response to the said notice, the assessee has given a reply vide its letter dated 15.11.2011. However, the AO has passed the assessment order which resul ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... has not even adjudicated on merits, the legality of various additions including the income of interest on fixed deposit & saving of Rs. 1,38,42,996/- while confirming the action of the AO in taxing the impugned income amounting to Rs. 2,17,15,044/- under the head 'profit and gains of business of profession. In view of that matter, we are of the considered opinion that it is just and pro ..... X X X X Extracts X X X X X X X X Extracts X X X X
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