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Addition made by AO without disclosing the basis to Assessee and in Assessment order is not sustainable
Case Law Details
- Case Name
- Shri K.P. Madhvan Nair Vs. ITO (Kerala High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Kerala High Court
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The assessee has been assessed on the basis that there is an un-disposed investment of Rs.15,14,200/-. We find from objection filed by the assessee before the Assessing Officer, he has stated thus:
“As regards the investment in property, it is submitted that we are not in position to understand how you have arrived at a total investment amount of Rs.1514200. There is no investment in my individual capacity to the tune of Rs.1514200. However the investment made during the year under consideration is detailed in annexure I enclosed. I do not understand what are the document comprised off get t...





