2013 (8) TMI 939

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..... ollowing questions of law:- "(i) Whether the ITAT was justified in upholding the order of the learned CIT(A) in deleting the additions of Rs. 1,00,000/- in the case of Shri Bharat Gautambhai Patel and Rs. 10,10,000/- in the case of Shri Jigar A. Patel, made by the AO under Section 68 without appreciating the fact that the assessee was unable to establish the identity, creditworthiness of the dep .....

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..... siness income without appreciating the fact that the assessee was found to have been regularly engaged in the business of sale/purchase of lands, plots of lands and other immovable properties?" Now so far as question no. 1 is concerned, considering the specific finding given by the CIT(A) as well as the ITAT that the amount of Rs. 10,10,000/- was given by Shri Jigar A. Patel staying at U.K. Vide .....

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