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2016 (2) TMI 1189 - ITAT AHMEDABADAddition u/s 68 - receipt of accommodation entries from Mukesh Chokshi - Held that:- It is evident that Mahasagars Securities Pvt. Ltd. and Alliance Intermediaries Network Pvt. Ltd. were involved in providing accommodation entries, and the assessee has shown long term capital gain as assessee’s own money from undisclosed sources. The assessee has not brought anything on record to controvert the finding of the AO or the ld.CIT(A). No infirmity on the order of the AO, and the CIT(A) has rightly confirmed the same. Thus, all the grounds of the assessee are dismissed.
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