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2017 (9) TMI 1720

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..... Held that:- While considering the case, the Tribunal had observed that all the questions are answered in favour of the assessee and against the department. - Revenue appeal dismissed. - D.B. Income Tax Appeal No. 652/2008 - - - Dated:- 19-9-2017 - Mr. K.S. Jhaveri And Mr. Vijay Kumar Vyas JJ. For the Petitioner(s) : Mr. Anuroop Singhi with Mr. Aditya Vijay For the Respondent(s) : Mr. .....

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..... nal was justified in deleting the addition of ₹ 2,37,13,000/- made by the Assessing Officer confirmed by the CIT(A) on account of undisclosed ownership of assessee in the 22 properties, which was established on the basis of material seized during search? (iii) Whether in the facts and circumstances of the case, the Tribunal was justified in deleting the addition of ₹ 12,00,000/- m .....

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..... at the Tribunal as well as CIT(A) has seriously committed error and the view taken by the Tribunal is required to be reversed. Counsel for the respondent supports the order of the Tribunal Heard counsel for both the parties. While considering the case, the Tribunal had observed that all the questions are answered in favour of the assessee and against the department. We are in complete .....

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