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2015 (9) TMI 7 - AT - Income TaxTreatment of cash seized in the course of search - assessment u/s 153A - Held that:- Unexplained income arising out of ₹ 35,00,000 having been brought to tax in the hands of the assessee's husband, Sri G. Janardhan Reddy, the addition in the hands of the assessee is the case on hand is to be deleted as the same income cannot be taxed twice. In coming to this finding, we are bolstered in our view by the Affidavit sworn to by Sri G. Janardhan Reddy to confirm that the same addition is accepted by him in his case and that no further appeal has been preferred in the matter - Decided in favour of assessee.
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