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2019 (7) TMI 1754 - HC - Income TaxUndisclosed payment - Addition based on seized material - assessee never provided the details of the transaction either during the course of assessment proceedings or thereafter and the assessee was in the exclusive knowledge - close business relationship between the assessee and PA - HELD THAT:- Tribunal has formed opinion that there was no payment of USD 16 Lacs which was added by the Assessment Officer to the income of the assessee. The Tribunal held that the said amount may be demanded by the assessee but there was no evidence of the same having been paid. The entire issue is thus based on appreciation of evidence on record. No question of law arises. In that view of the matter, Income-tax Appeal is dismissed.
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