TMI Blog2018 (7) TMI 1561X X X X Extracts X X X X X X X X Extracts X X X X ..... the conclusion that the Revenue has failed to bring on record sufficient evidence of cash amounts have been received by the assessee, no question of law arises. - R/TAX APPEAL NO. 612 of 2018 - - - Dated:- 12-6-2018 - MR. AKIL KURESHI AND MR. B.N. KARIA, JJ. For The Petitioner : Mrs Mauna M Bhatt (174) ORAL ORDER ( PER : HONOURABLE MR.JUSTICE AKIL KURESHI) 1. R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ials, the Assessing Officer carried out the assessments making additions of undisclosed income under section 68 of the Act. Commissioner of Income Tax (Appeals) confirmed the additions, upon which, the assessee approached the Tribunal. 3. The Tribunal in its detailed order noted that the directors during the course of survey, had retracted the statements by filing affidavits. They also claimed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eral disputes before the City Civil Court, Ahmedabad, concerning the same subject matter land. The Tribunal was therefore of the opinion that on the date of the survey i.e. 23.11.2010, the title to the property of the assessee was itself under serious doubt. Notably, the Bombay High Court's decision in Company Petition was rendered on 21.10.2011. It was also noticed that the City Civil Court, ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
