Adjournment of hearing with pre-information does not allow CIT (A) to dismiss appeal decide the issue exparte

Etisha Finance Investment P. Ltd. Vs ACIT (ITAT Delhi)Brief Facts of the case: The brief facts of the case are the E-Return declaring NIL income was filed by the assessee on 30th September, 2009. Thesame was processed under section 143(2) of the Act. Notice under section 143(2) of the Income Tax Act, 1961 was issued on 27.9.2010 and served upon the assessee. After going through the documents, AO has completed the assessment u/s. 143(3) of the I.T.Act, making the additions of Rs. 60,00,000/- on account of unexplained credits u/s 68 of the I.T. Act, 1961.AO completed the assessment u/s. 143(3) o...