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2023 (10) TMI 656 - ITAT DELHIAddition u/s 68 - bogus accommodation entry - unexplained commission expenditure - CIT(A) restricting same to only entry found credit in the Bank account of the assessee and bogus expenditures - HELD THAT:- CIT(A) was right in restricting the addition under Section 68 and the second addition u/s 69C as the remand report was clearly revolving the fact that the alleged entry dated 24.09.2008 was not found credited to the Bank account of the assessee. The assessee failed to discharge onus lay on him as per section 68 of the Act regarding entry dated 01.10.2008 hence, AO rightly made addition. Therefore, we reach a logical conclusion that the Ld. CIT(A) has rightly evaluated factual position of the case and thereafter, granted part relief to the assessee partly - Decided against assessee.
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