TMI Blog2017 (2) TMI 1198X X X X Extracts X X X X X X X X Extracts X X X X ..... lted in addition of amounts under the head “Long Term Capital Gains”. The Assessee successfully contended before the ITAT that the additions were untenable because they were not based upon any material seized during the search. The ITAT upheld the additions applying the ratio of the decision of this Court in Commissioner of Income Tax vs. Kabul Chawla [2015 (9) TMI 80 - DELHI HIGH COURT]. X X X X Extracts X X X X X X X X Extracts X X X X
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