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TMI Blog2014 (8) TMI 349X X X X Extracts X X X X X X X X Extracts X X X X ..... For the Appellant : Mr. Sanjay Bansal, Senior Advocate with Ms. Rajni Pal, Advocate. ORDER Ajay Kumar Mittal, J. 1. This order shall dispose of a bunch of five appeals bearing ITA Nos. 123 to 127 of 2014 as according to the learned counsel for the appellant, the facts and issues involved therein are identical. For brevity, the facts are being taken from ITA No. 123 of 2014. 2. This appeal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ons made by the Assessing Officer? c) Whether on the facts and in the circumstances of the case, the Tribunal was legally correct in sustaining the addition made under Section 68 of the Income Tax Act, 1961 by the Assessing Officer contrary to the principles of natural justice and in undue haste? d) Whether on the facts and in the circumstances of the case, the Tribunal was legally correct in su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the assessee filed his return for the assessment year 2007-08 declaring the income at Rs. 1,61,680/-. The Assessing Officer vide order dated 31.12.2009 (Annexure A-1) made an addition of Rs. 1,26,66,000/-. Since the assessee concealed the particulars of the income, penalty proceedings under Section 271(1)(c) of the Act were also initiated against the assessee. Feeling aggrieved, the assessee file ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I, Ayakar Bhawan, Rishi Nagar, Ludiana decided on 12.5.2014 whereby the said appeal raising the similar issues along with the other connected appeals was dismissed. 6. In view of the above, the present appeals are also dismissed. 7. As the appeals were barred by time, the applications under Section 5 of the Limitation Act, 1963 for condonation of delay in filing the appeals were filed in all the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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