Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2019 (5) TMI 1711

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... THAT:- The so-called incriminating material had to have some nexus with the addition ultimately made. That not having been established, the ITAT was justified in upholding the order of CIT (A) deleting the addition. No substantial question of law arises. The appeal is dismissed. - ITA 1483/2018 - - - Dated:- 13-5-2019 - S.Muralidhar And I.S.Mehta, JJ. Mr.Ruchir Bhatia, Advocate F .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... p concerns in the Today Group of cases. Many books of accounts and documents were seized. One of the documents seized was an agreement for sale dated 5th May 2006 for ₹ 5,01,51,000/- between the Unit Trust of India and the Assessee for an office space on the 16th floor of Statesman House, Barakhamba Road, New Delhi. However, what was added by the AO in the assessment order to the income of t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates