Opportunity of hearing : Where Assessing Officer issued on assessee a notice alleging that there was an excess stock to tune of Rs. 3.86 crores and thereafter Assessing Officer issued on assessee another notice to explain difference in value of stock to extent of Rs. 29.36 lakhs and subsequently Assessing Officer passed assessment order and added to assessee’s income Rs. 3.10 crores as unexplained investment in excess stock, since proceedings leading upto passing of assessment order lacked clarity, matter required to be remanded back to Assessing Officer to grant an opportunity of hearing to assessee and pass order afresh – Smart Furniture v. Deputy Commissioner of Income-tax – [2024] 161 taxmann.com 444 (Madras)