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2018 (3) TMI 1462 - AT - Income TaxAddition u/s 68 - assessment u/s 153A - Held that:- Since the assessee had no business income, no books of account were maintained and the addition was made only on the basis of the assessee’s pass book, which is not a book of account; that as such, the addition made under section 68 of the Act is not sustainable. See ‘CIT vs. Bhaichand H. Gandhi’ (1982 (2) TMI 28 - BOMBAY High Court) - It is undisputed that the addition was made only on the basis of the assessee’s bank pass book, which is not sustainable in law. - Decided in favour of assessee Addition under the head Income from House Property - ALV determination - Held that:- It is seen that the provisions of section 23(4) (b) of the Act stipulate that where the property consists of more than one house, the annual value thereof shall be determine under section 23(1), as if such property had been let out. It has also been so held in ‘Dr. Prabha Sanghi’, (2013 (1) TMI 18 - ITAT DELHI). In accordance with the same, the grievance by way of the ground no.1 is accepted. The addition is deleted.
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