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2010 (2) TMI 7 - HC - Income TaxUnexplained Expenditure – Addition made under Block Assessment - Three additions were made by the Assessing Officer of Rs 1.94 crores, Rs 0.35 crores and Rs 0.15 crores under the head unexplained expenditure under Section 69C of the Income Tax Act, 1961 on the basis of certain seized documents – CIT(A) and ITAT deleted the additions - The addition of Rs 1.94 crores has been made on the basis of the transactions which involved the purchase of 100 acres of land by Maruti Udyog Ltd. in village Bhondsi, District Gurgaon, Haryana. The said 100 acres of land were admittedly purchased for an amount of Rs 3.86 crores by Maruti Udyog Ltd – held that - The findings arrived at by the Tribunal are pure findings of fact and do not warrant any interference by this Court. Consequently, the appeal filed by the Revenue does not raise any substantial question of law.
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