Assessee engaged in sale and purchase of land was issued notice under section 153A but on failure of filing any reply despite several opportunities Commissioner (Appeals) upheld additions. Tribunal set aside the order of the CIT (A). On appeal by the revenue the High court held that order passed by Tribunal setting aside order of Commissioner (Appeals) without giving any cogent reason was arbitrary and unreasonable. The order of the CIT (A) was affirmed. (AYs. 2005-06 to 2010-11)
PCIT v. Ashokji Chanduji Thakkor (2021) 130 taxmann.com 130 (Guj)(HC) Editorial : SLP of assessee dismissed, Ashokji Chanduji Thakkor v. PCIT (2021) 282 Taxman 307 (SC)
S. 254(1) : Appellate Tribunal-Duties-Order passed without any reasons-Failure to reply the addition was up held by the CIT(A)-Tribunal set aside the order-High Court reversed the order of the Appellate Tribunal. [S. 69, 153A]