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2017 (5) TMI 1100 - AT - Income TaxAdditions on the fictitious sales @ 4% - survey action u/s 133A - Held that:- CIT(A) on the basis of material placed before him granted substantial relief deleting a number of addition. Before us, the assessee neither filed any documentary evidence nor any written submission to substantiate his claims. We have seen that the learned CIT(A) sustained the various additions on the basis of the incriminating material found against the assessee in the survey action under section 133A conducted on 29.04.1998. Moreover, the assessee himself admitted that he was engaged in a hawala transactions. The ld CIT(A) passed the order after considering all the material available before him. The assessee despite availing a number of opportunities has not come forward to substantiate his version. Thus, in these circumstances, we do not find any good reason to interfere in the order passed by ld. CIT(A) - Decided against assessee.
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