It was held that there was a sufficient cause for the failure of the assessee to produce the required documents before the AO as the assessment was finalized before the appointed date on which the assessee was directed to appear before the AO. The issues are restored to the AO with the direction to re-examine the same and frame the assessment in accordance with law. (AY. 2015-16)
Eva Developers (P.) Ltd. v. ITO (2020) 203 TTJ 355 (Delhi)(Trib.)
S. 143(3) : Assessment-Cash credits-Sufficient cause for failure to appear before the AO-Matter remanded to the Assessing Officer. [S. 68, 133(6)]