A.O should refrain from adopting double standards of accepting in remand proceedings yet challenging it at appellate forum

CA Prarthana Jalan In the case of ACIT v/s Praveen Kumar there was an addition made on account of unsecured loan and interest paid thereon. All the details were furnished before the A.O in form of account of the creditors along with acknowledgement of their income tax returns and bank statement .But summons issued to lenders were not responded . However during the course of appellate proceedings the lenders appeared before the assessing officer and gave their statements and accepted the lending of money. In the remand report the A.O himself accepted the loan to be genuine and accordingly as...