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TMI Blog2019 (4) TMI 970X X X X Extracts X X X X X X X X Extracts X X X X ..... nsel with Ms. Pridhi Jaswinder Sandhu, Junior Standing Counsel ORDER AJAY KUMAR MITTAL, J. 1. This appeal has been preferred by the revenue under Section 260A of the Income Tax Act, 1961 (in short "the Act") against the order dated 31.10.2017 (Annexure A-III) passed by the Income Tax Appellate Tribunal, Chandigarh Bench, Chandigarh (hereinafter referred to as "the Tribunal") in ITA No. 486/CH ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... stated, the facts necessary for adjudication of the instant appeal as narrated therein may be noticed. The Assessing Officer during the course of assessment proceedings had noticed that the assessee had declared investment in shares amounting to Rs. 641.13 lakhs as against such investment of Rs. 640.98 lakhs shown in the immediate preceding assessment year. Since the income earned, if any, from th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... h Rule 8D of the Rules. The revenue challenged the order, Annexure A-II, before the Tribunal. The Tribunal vide order dated 31.10.2017 (Annexure A-III) upheld the order of the CIT(A) and dismissed the appeal of the revenue. Hence, the present appeal by the revenue. 3. We have heard learned counsel for the revenue. 4. It could not be disputed by the learned counsel for the revenue that the afores ..... X X X X Extracts X X X X X X X X Extracts X X X X
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