Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2019 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (11) TMI 628 - AT - Income TaxAssessment u/s 153A - CIT(A) not holding the income on account of surrender of tenancy rights as income from other sources as held by the AO instead of income from long term capital gain, as shown by the assessee - CIT(A) allowing deduction u/s 54F - HELD THAT:- CIT (A) has rightly deleted the addition made in the assessment order framed u/s 153A on the ground that when assessment is not abated and no incriminating evidences were found in search and seizure operation conducted u/s 132 of the Act, no addition can be made. So, finding no illegality or perversity in the impugned order passed by the ld. CIT (A), present appeal filed by the Revenue is hereby dismissed.
|