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2017 (5) TMI 488 - DELHI HIGH COURTAddition on account of booking of vehicles-in the bogus/fictitious names - Held that:- Having heard Mr Zoheb Hussein, learned counsel for the Revenue the Court is not persuaded to hold that the ITAT erred in appreciating the evidence before it or that its conclusions on that basis. The findings have turned purely on facts and the view taken was certainly a probable one. The AO's additions, which were upheld by the CIT (A) appeared to have proceeded on surmises and conjectures. As rightly pointed out by the ITAT without some cogent and credible material that the bookings were in fact made by the Assessee for itself, the additions ought not to have been made. - Decided in favour of the Assessee
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