Held, that the Commissioner (Appeals) had erred in admitting the additional evidence and in failing to record reasons therefor. During the appellate proceedings, the assessee had not raised any additional ground but only furnished additional evidence. The findings of the Commissioner (Appeals) that he had admitted additional grounds was factually incorrect. The Commissioner (Appeals) had not dealt with the exceptional clauses (a) to (d) of rule\u00a046A. He had accepted the additional evidence in violation of rule\u00a046A, which was not tenable in law. He had erred in admitting that the source of investment for purchase of shares of company F, was the husband of the assessee and also erred in admitting that the source of investment shown as opening balance and other credits in the bank account was held jointly. Even in the remand proceedings the Assessing Officer did not get opportunity to verify the bank details submitted by the assessee and, hence, it was in complete violation of rule\u00a046A. As a result, the matter was remitted back to the Assessing Officer for fresh examination of the documents and details.(AY. 2011-12).<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 69 : Unexplained investments-Appeal to CIT(A)-Additional evidence-Admission-No proof of source of funds for purchase of mutual funds-Deletion of addition by CIT(A) on the basis of additional evidence-No recording of reasons-No opportunity to A.O. to verify submission-Matter remanded. [R. 46A]<\/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-41163","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-aHV","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41163","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=41163"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41163\/revisions"}],"predecessor-version":[{"id":41164,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/41163\/revisions\/41164"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=41163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=41163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=41163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}