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2015 (6) TMI 703 - AT - Income TaxUnexplained cash credit taxed u/s.68 - CIT(A) deleted the addition - Held that:- We are not in agreement with the argument of learned DR, firstly, that both the assessees have discharged their primary onus as prescribed u/s.68 of IT Act and secondly that the order on which learned CIT(A) had placed reliance stood confirmed by the Respected Co-ordinate Bench in the case of M/s. Mukesh Kumar and Co. [2015 (6) TMI 706 - ITAT AHMEDABAD]. We, therefore, hereby confirm the factual as well as legal findings of learned CIT(A) and find no force in the grounds raised by the Revenue in respect of both the Appeals. - Decided in favour of assessee.
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