2019 (2) TMI 1219

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..... purely factual in nature. The Tribunal concurrently came to the conclusion that there was no evidence in support of the additions made by the AO which was collected during search operations. The documents relied upon by the AO did not clearly bring about the on money transactions. During the remand report the parties to whom the property was sold were examined who clarified that no cash paymen .....

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..... ibunal for short). We may record facts from Income-Tax Appeal No. 980 of 2016. The following question of law is presented for our consideration:- Whether on the facts and in the circumstances of the case and in law, the ITAT was justified in deleting the addition on account of estimation of profit on sales not recorded in the books of accounts, without appreciating the fact that as per prov .....

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..... This was done after calling remand report on certain specific issues. The Revenue carried the appeal in appeal before the Tribunal. The Tribunal confirmed the view of the Commissioner by a detail order which is challenged before us by the Revenue. 3 Having heard the learned counsel for the parties and having perused the documents on record, we are of the view that the Tribunal has arrived at co .....

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