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2018 (12) TMI 985 - AT - Income TaxAdmission of additional evidence - Erroneous claim of cost of improvement - not in consistence with the copy of the sale deed filed - assessee claimed sum in the return of income as cost of improvement, was actually cost incurred in relation to acquisition of the plot of the land - Held that:- As decided in TEXT HUNDRED INDIA PVT. LTD. case [2013 (6) TMI 72 - DELHI HIGH COURT] Tribunal may admit additional evidences if the same are necessary to do substantial justice in the matter. In the instant case before us the assessee has produced original copies of the agreement to show the willingness to prosecute the appeal. We are of the opinion that if there is some truth in the story of the assessee of the agreement for sale of plots and subsequent settlement for payment to the proposed buyers, the assessee must get chance to prove its innocence and the issue must be decided after due verification and genuineness of the evidences furnished by the assessee as additional evidences. Accordingly, we admit the above additional evidences filed by the assessee. In view of the additional evidences filed vis-à-vis earlier explanation of cost of improvement, we feel it appropriate to restore the issue in dispute involved in the appeal to the file of the Ld. Assessing Officer for deciding afresh - Decided in favour of assessee for statistical purposes.
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