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2015 (11) TMI 415 - AT - Income TaxAddition on account of suppression of profit by the assessee by way of client code modifications by the borkers in a large number of commodity transactions - CIT(A) deleted the addition - Assessment was framed u/s. 153A (1)(b) r.w.s. 143(3) - Held that:- CIT(A) while deleting the addition has noted that the A.O had calculated notional profits on the assumption as if Client Code Modifications were not carried out and the transactions were closed on the expiry date. Ld. CIT(A) has further noted that addition on the basis of Client Code Modifications was on the basis of assumption and surmises and was not on the basis of concept of real income. - Decided in favour of assessee.
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