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2015 (8) TMI 1426 - AT - Income TaxUnexplained expenditure u/s.69C - AO made addition in the hands of the assessee by observing that assessee has purchased the land as per MOU dated 18-8-2007 during the year under consideration where Part-B payment is unaccounted payments - Held that:- As carefully gone through the order of the Tribunal and found that exactly similar addition was made in case of other group companies, which has been deleted by the Tribunal. As the facts and circumstances during the year under consideration are same, respectfully following the order of the Tribunal, we do not find any infirmity in the order of the CIT(A) for deleting the addition made u/s.69C of the IT Act. Accordingly, we dismiss the appeal of the revenue for A.Y.2008-09. - Decided in favour of assessee.
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