2021 (12) TMI 829

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..... ain, Ms. Richa, Advs. MANMOHAN, J. (Oral) CM 45209/2021 (exemption) Allowed, subject to all just exceptions. ITA 174/2021 1. Present appeal has been filed challenging the order of the ITAT dated 28th February, 2020 passed in ITA 2738/DEL/2016. 2. Learned Counsel for the Appellant states that the ITAT has not recorded any independent reasoning to deviate from the findings recorded in the ass .....

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..... Learned counsel for the Appellant further states that the ITAT has grossly erred in relying on the decision of this Court in the case of Pr. CIT (Central -2) v. Vinita Chaurasia ITA 1104/2015 without appreciating the distinction on facts. She emphasis that this Court in Vinita Chaurasia (supra) had deleted the additions on account of Revenue's failure to satisfy the jurisdictional benchmark of .....

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..... annot be inferred or concluded that seized document belongs to or has any nexus with the assessee. 7. In our opinion, the Tribunal/ITAT has given cogent reasons for arriving at its decision. 8. This Court also finds that in the case of Vinita Chaurasia (supra), who had purchased a number of properties from the assessee, this Court had dismissed a similar appeal filed by the Revenue being ITA No. .....

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