No Return, Ex-Parte Heavy U/s 69A Addition – But Lack of Hearing Saves Assessee at ITAT

Shivraj Singh Vs ITO (ITAT Lucknow)

Assessee, who had not filed return for AY 2012-13, faced an ex-parte assessment u/s 144/147 dated 05.12.2019 wherein AO determined income at Rs.51,05,000/- treating cash deposits as unexplained u/s 69A along with a small interest addition.

CIT(A) upheld assessment without granting effective opportunity. Before Tribunal, Assessee contended that neither AO nor CIT(A) afforded reasonable opportunity to explain the deposits.

Tribunal no

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