CIT(A) Cannot Admit Fresh Evidence Without AO’s Opportunity – Violation of Rule 46A; Matter Remanded

ITO Vs Smt. Uma Rugmini (ITAT Bangalore) CIT(A) Cannot Admit Fresh Evidence Without AO’s Opportunity – Violation of Rule 46A; Matter Remanded The assessee, a housewife, had not filed her return of income. Based on information from the Insight Portal regarding large financial transactions and bank deposits, the AO initiated reassessment proceedings and completed the assessment u/s 147 r.w.s. 144, making additions towards sale consideration, bank deposits and other financial transactions as the assessee failed to respond to notices or furnish details during assessment. Before the CIT(A),...