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2013 (6) TMI 66 - HC - Income TaxUnexplained cash deposits in CC account - CIT (A) deleted the addition by accepting the additional evidence - Held that:- Though the revenue has claimed large number of questions as substantial questions of law for the opinion of this court, but the issue lies is in narrow compass as entry of Rs. 30,00,000 is on account of counter sales reflected in the current account of the assessee. The assessee has explained the nature of such transaction in appeal. CIT (A) has taken into consideration additional evidence after providing opportunity to the revenue with CIT (A) returning a finding that the assessee has explained the counter sales to the extent of Rs. 1.33 crores which is inclusive of sale of Rs. 30 lacs. Such finding is a finding of fact which does not give rise to any substantial question of law. In favour of assessee.
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