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2015 (8) TMI 368

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..... earch of another assessee by name Babu John and also the sworn statements given by the assessee on 24.10.2008 and 30.10.2008. In the statement dated 24.10.2008, the assessee had accepted the genuineness of the entries made in the above referred document. In the statement dated 30.10.2008, he had reiterated and confirmed the earlier statement of 24.10.2008. However it was only during the assessme .....

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..... ion of law arising in these appeals for consideration. - Decided against assessee. - I.T.A. Nos.55, 58 & 59 of 2015 - - - Dated:- 12-6-2015 - ANTONY DOMINIC AND SHAJI P. CHALY, JJ FOR THE APPELLANT : SRI.HARISANKAR V. MENON, SMT.MEERA V.MENON FOR THE RESPONDENT : SRI.JOSE JOSEPH, SC, FOR INCOME TAX JUDGMENT Antony Dominic,J. These appeals are filed by the assessee chal .....

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..... ate proceedings, the additions relating to the difference in considerations was confirmed by the Appellate Commissioner. The assessee filed further appeals before the Tribunal and the Tribunal disposed of the appeals by the impugned order. It is this impugned common order which is under challenge before us. 3. We heard the counsel for the appellant and the learned Standing Counsel for the Reven .....

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..... tatements of the assessee himself. Therefore, these additions made relying on this document and the statements, cannot be said to be illegal. 5. The Tribunal's order shows that despite the above, the Tribunal has set aside some of the additions and remitted the matter to the assessing officer for re-consideration. 6. In so far as the additions which were confirmed by the Tribunal are con .....

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