Addition without Considering Submissions of Assessee – ITAT restores matter

Rupa Mahesh Gandhi Vs ITO (ITAT Ahmedabad)

As transpires from the orders of the authorities below, the addition to the income of the assessee on account of unexplained investment in Bombay Stock Exchange of Rs.25,21,525/- and unexplained source of payment of credit card amounting to Rs.3,45,000/- was made in the absence of any details submitted by the assessee before the authorities. However, before us, the learned Counsel for the assessee has demonstrated that due details were filed with regard to both the issues. As noted above, the assessee had filed

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