Matter restored as ex-parte addition made towards unexplained investment

Virender Singh Vs ITO (ITAT Delhi) ITAT Delhi held that as lower authority made ex-parte addition towards unexplained investment u/s 69 of the Income Tax Act matter restored to CIT(A) for denovo adjudication giving last opportunity to assessee to explain source of investment. Facts- There was a Tax Evasion Petition (TEP) received by CCIT, Delhi against Assessee, Virender Singh along with a copy of registered purchase deed regarding purchase of 4 bighas and 16 biswal of agricultural land at Delhi. The petition also alleged that all the payments were made in cash. This document was registered in...