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2017 (5) TMI 487 - HC - Income TaxAddition on undisclosed investment - assessee had sold the land - Held that:- Though the land was purchased by the assessee along with one Bharatbhai Patel, addition made only in the case of the assessee and no addition was made in the hands of his partner Bharatbhai Patel. Considering the above facts and circumstances, when the learned CIT(A) has deleted addition made by the A.O. made on account of undisclosed investment and when the same has been confirmed by the learned tribunal, it cannot be said that the learned CIT(A) and learned tribunal have committed any error. We see no reason to interfere with the impugned orders. - Decided in favour of assessee.
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