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TMI Blog2015 (8) TMI 1488X X X X Extracts X X X X X X X X Extracts X X X X ..... assed on the confession of the assessee - HELD THAT:- In the assessment order status of the assessee was mentioned as individual whereas the ld. Counsel for the assessee contended that the status of the assessee is a firm. We also find that the additions were made purely based on the confession made by assessee without investigating to the facts of the case. Therefore ends of justice would be met ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... orities below grossly erred both in law and on facts in making addition of ₹ 96,69,228/- to the declared income solely on the basis of consent given by the authorized representative / chartered Accountant of the appellant. The consent given by the authorized representative/chartered accountant was beyond the terms of his authorization. 2. Because the Ld. Commissioner of Inc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ; 2,85,000/- in respect of interest free loan and advances to the relatives. 5. Because the Ld. CIT(A) was not justified, both in law and on acts in sustaining the addition of ₹ 1,83,248/- being the interest disallowed out of total interest claimed. 6. Because the order is against the law facts. 2. In this case, return of inco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on the confession of the assessee. Hence, the present appeal before us. 3. The Sr. Departmental Representative submitted that no addition can be made based on confession of the ld. Counsel for the assessee. It was further submitted that the additions were made purely based on facts of the case and the confession made by the ld. Counsel for the assessee is not valid in law, especia ..... X X X X Extracts X X X X X X X X Extracts X X X X
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