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2016 (8) TMI 22 - AT - Income TaxAdditions made on the basis of seized material - Held that:- Additions can be made to the income of the assessee, while passing the 153 orders if reliance is placed on incriminating seized material. In the case before us, nothing is on record to prove that additions made by the AO had the backing of the seized material. Therefore, in our opinion the order of the FAA does not suffer from any legal infirmity. Confirming her order, we decide the effective Ground of appeal against the AO. Commissioner of Income-Tax-II, Thane Versus Continental Warehousing Corporation (Nhava Sheva) Ltd., All Cargo Global Logistics Ltd. [2015 (5) TMI 656 - BOMBAY HIGH COURT] - Decided in favour of assessee.
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