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2016 (9) TMI 1668 - HC - Income TaxAddition u/s 115(BBC) r/w Section 68 - anonymous donation - HELD THAT:- Questions No. 1 and 2 does not arise since Section 115 (BBC) itself was inserted in the Income Tax Act, 1961 w.e.f. 01.04.2007 and assessment year in question is 2005-06. Addition U/s. 69 on account of unexplained investment in property - addition was made on the basis of cogent documentary evidences found during the course of survey proceedings - ITAT deleted addition - As could not be disputed that same are covered by Supreme Court's judgment in Sargam Cinema[2009 (10) TMI 569 - SC ORDER] wherein similar question has been answered in favour of Assessee. Hence, Questions also answered against Revenue and in favour of Assessee.
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