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Tej Mohan Sachdeva Versus CIT-XI, New Delhi

2016 (5) TMI 696 - DELHI HIGH COURT

Addition u/s 69A - Held that:- Assessee has no valid explanation regarding the source of his income for making gifts to the tune of ₹ 1.8 crores during the AY in question. The person he named as the source was an accommodation entry provider. T .....

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unds.

The Court is unable to find any legal infirmity in the impugned order of the ITAT sustaining the additions in the hands of the Appellant under Section 69A of the Act. No question of law arises for determination. - ITA 668/2015 - Date .....

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M No. 17302 of 2015 (for condonation of delay in refiling the appeal) 1. The reason for delay of 521 days in re-filing the appeal, as explained in the supplementary affidavit dated 10th May 2016 filed by the Appellant, is that on account of the chang .....

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ut the filing of soft copies of the paper books. The Registry of the Court had made appropriate arrangements for scanning services at the filing counters to facilitate the making of soft copies so that the inconvenience, if any, caused to the Advocat .....

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amined on merits. 4. By assessment order dated 28th December 2007 for the Assessment Year ( AY ) 2001-02, the Assessing Officer ( AO ) made additions in the hands of the Appellant on a protective basis of the sum of ₹ 1,80,32,087 under Section .....

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and children. The AO held that the Assessee was unable to satisfactorily explain the source of the above income. 5. The above order of the AO was sustained by the Commissioner of Income Tax (Appeals) [CIT(A)] by order dated 3rd February 2009. The App .....

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ons can be sustained under Section 69A as unexplained money in the form of gifts were found with the Assessee in the bank account. 6. It is urged by learned counsel for the Appellant that it was not open for the ITAT to have sustained the addition in .....

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