In an appeal filed by the assessee , the CIT (A) remanded the matter to the AO .In the remand report, the AO himself after going through the material produced by the assessee submitted that the assessee\u2019s argument with regard to the addition of long-term capital gains to the tune of Rs. 2,94,600 was acceptable. The assessee\u2019s submission with regard to addition as \u201cincome from other sources\u201d to the tune of Rs. 84,61,055 was accepted. The AO stated that the argument of the assessee with regard to the addition of income from other sources namely, foreign tour to the tune of Rs. 1,12,475 may also be accepted. The CIT (A) assed his order based on this report which was upheld by the \u00a0Appellate Tribunal. On appeal by the revenue \u00a0dismissing the\u00a0 appeal the Court held that\u00a0 the remand report was the basis \u00a0of the CIT(A) passing the order, which had been affirmed by the Tribunal . Accordingly no substantial question of law . \u00a0( AY.2004-05)<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 250 : Appeal – Commissioner (Appeals) \u2013 Powers- Remand \u2013 order passed on the basis of remand report in which the Assessing Officer has accepted the contention of the assessee \u2013 Order of Appellate Tribunal is affirmed . [ S .250(4) ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-12746","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3jA","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=12746"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12746\/revisions"}],"predecessor-version":[{"id":12747,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12746\/revisions\/12747"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}