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2019 (2) TMI 1219 - HC - Income TaxAddition on account of estimation of profit on sales not recorded in the books of accounts - AO made additions relying on the documents seized during search and the statements of witnesses recorded - HELD THAT:- Tribunal has arrived at conclusions which are purely factual in nature. The Tribunal concurrently came to the conclusion that there was no evidence in support of the additions made by the AO which was collected during search operations. The documents relied upon by the AO did not clearly bring about the on money transactions. During the remand report the parties to whom the property was sold were examined who clarified that no cash payments were made by the Assessee bringing on record no contrary material. In the absence of any perversity in the factual findings of the Tribunal, we see no question of law arises. - Decided against revenue.
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