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2013 (10) TMI 12 - HC - Income TaxAddition on account of unexplained expenditure u/s 69C of the Income Tax Act - Addition made by the Assessing Officer under Section 69C of the Act are factual – Held that:- - Order of the Assessing Officer is brief, devoid of details and indicates the half-hearted attempt to make the addition – Assessee had used machinery of their sister concern and had not paid any money for the same. No further attempt was made by the Assessing Officer to verify the facts whether the sister concern had the requisite machinery or not and whether the electricity bills of the said sister concern justify the stand of the respondent-assessee – Decided against the Revenue.
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