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2014 (2) TMI 1261 - AT - Income TaxAdditional income brought to tax - survey operation - Held that:- The assessee has manipulated his claim of expenditure so as to offset the revenue effect of additional income of ₹ 15 lakhs offered by him in the course of survey. It is an undisputed fact that the amount of ₹ 15 lakhs was offered by the assessee as additional income over and above his regular income from the business. Therefore, it is not permissible for the assessee to dilute the said amount of additional income by overstating the expenditure. In the facts and circumstances of the case, we find that the Assessing Officer has rightly made an addition of ₹ 15 lakhs and the same has to be sustained. We set aside the order of Commissioner of Income Tax (Appeals) on the issue of deleting the addition of ₹ 15 lakhs. - Decided in favour of revenue
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