2019 (5) TMI 185

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..... undivided share of land and department store to be constructed with Aadhithiya Constructions is single property spread over to various years is not under dispute. If it is so, when the sources are in question, the said sources are to be seen for the property as a whole and thus, the Tribunal sustained the observations of the ld. CIT(A) and rejected the alternative plea raised by the assessee. Thu .....

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..... rtain payments falling in the financial years prior to the financial year 2004- 05 relevant to assessment year 2005-06 cannot be added as unexplained investment under section 69 of the Act, the Tribunal confirmed the findings of the ld. CIT(A) is a mistake apparent on record and therefore, the ld. Counsel for the assessee prayed for rectifying the mistake. 2. Per contra, the ld. D .....

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..... 6.2 The assessee has raised an alternative plea that the payments numbered as 1 to 4 fall in the financial year 2002-03 relevant to assessment year 2003-04, which is barred by limitation. Admittedly, the transaction entered into viz., agreement of sale of undivided share of land and department store to be constructed with Aadhithiya Constructions is single property spread over to various years a .....

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