2008 (3) TMI 91 - DELHI HIGH COURT

Assessee failed to confirm that advance received by him was received towards advance breeding charges – detailed not furnished by assessee – held that credit balance appearing in the accounts of the Assessee, does not pertain to the year under consideration, under these circumstances, the Assessing Officer was not justified in making the impugned addition under Section 68 - no fault can be found with the order of the Tribunal which has endorsed the decision of the CIT(A)