read as under :
In this case as per the CIB information you have entered into
huge share transaction ... xxxxxxxxxxxxx
In this case as per the CIB information you have entered into
huge share transaction for A.Y. 2011-12. As per the
information
unexplained investment
under section 69C of the Act on the basis CIB information. To explain
the aforesaid transaction, the assessee furnished additional evidences
along with ... learned Departmental Representative submitted, the
Assessing Officer has received CIB information with regard to the
investment of ` 56,75,52,250, made by the assessee
registration as Power of Attorney holder. The AO got
certain CIB information that the assessee has sold a property for sale
consideration ... emerges that the AO was having information from two sources viz.
information received in the form of CIB Report and Information
(Registered Sale deed) obtained
Thereafter, ITO Ward 2(3), Jaipur based on some AIR/CIB information,
4 ITA 1356/JP/2019_
Prithvi Raj Singh Vs ITO
A.O. recorded ... initiated the re-assessment merely on the basis of AIR/CIB
information, and nexus of the said information with escaped income was
not established
Assessing Officer has
reopened the assessment based on transactions statement and CIB information
regarding the transactions carried out by assessee in 'Multi Commodity Exchange ... reassessment , for the reasons that as
per individual transaction statement and CIB information placed on record , the
assessee has made transaction in Multi Commodity Exchange
issued
by the Assessing Officer for verification of AIR/CIB information,
regarding the cash deposit of Rs.1,16,37,157/- in State Bank ... Markhai,
Tehsil Zira.
Sir,
Sub: Verification of AIR/CIB Information-regarding-
As per AIR/CIB information available with this office, during the
financial year
assessee as under:
"3. As per CIB information, you made the following cash deposits in your bank
accounts ... read as under:
" The relevant submissions stated that as per CIB information regarding cash deposits in
the bank account of the assessee was filed
case of Humble Appellant was reopened on the basis of CIB Information
available with the Department that the Humble Appellant had entered into share
Transactions ... case of Humble Appellant was reopened on the basis of CIB Information
available with the Department that the Humble Appellant had entered into share
Transactions
case of Humble Appellant was reopened on the basis of CIB Information
available with the Department that the Humble Appellant had entered into share
Transactions ... case of Humble Appellant was reopened on the basis of CIB Information
available with the Department that the Humble Appellant had entered into share
Transactions
case of Humble Appellant was reopened on the basis of CIB Information
available with the Department that the Humble Appellant had entered into share
Transactions ... case of Humble Appellant was reopened on the basis of CIB Information
available with the Department that the Humble Appellant had entered into share
Transactions
