CAV COMMON JUDGMENT

(PER: HON'BLE MR. JUSTICE D K SINGH)

This batch of Income Tax Appeals are directed against the common order dated 22.02.2021 passed by the Income Tax Appellate Tribunal, "C" Bench, Bangalore.

2. The Tribunal after considering the facts and circumstances of the case has set aside the orders of the CIT(A)-11 and remanded the matter back to the respective jurisdictional CIT(A) to decide the appeals afresh in accordance with the law after due opportunity of hearing to the parties. The Additional grounds taken by the Revenue in the appeals were also allowed.

3. The Tribunal did not go into the merits of the appeals filed by the Revenue. All the appeals and cross-objections were allowed for statistical purposes.

4. In all these cases the assessment orders were finalized by the Assessing Authority after search operations were conducted under Section 132 of the Income Tax Act, 1961 (for short 'the IT Act'). Substantial additions to the returned income were made by the Assessing Authorities while finalizing the assessment under Section 143 r/w Section 147 and Section 153C r/w Section 143(3) of the IT Act. The Director General of Income Tax (Investigation) Karnataka and Goa, B