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TMI Blog2010 (2) TMI 19X X X X Extracts X X X X X X X X Extracts X X X X ..... JUSTICE SIDDHARTH MRIDUL 1. Whether reporters of local papers may be allowed to see the judgment? 2. To be referred to the Reporter or not? 3. Whether the judgment should be reported in the Digest? BADAR DURREZ AHMED, J (ORAL) CM No. 1166 of 2010 (for Delay) The delay in filing the appeal is condoned. The application stands disposed of. ITA No. 119 of 201 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... also been received by the Assessee. It had also rendered financial consultancy services by arranging a loan from CitiCorp for Oscar Investment Ltd and had received commission. Consequently, the Tribunal held that the disallowance was rightly deleted by the CIT(A). 2. The Assessing Officer has also made an addition on account of sale of a shop which according to the Assessee had on estimate ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nbsp; The Tribunal also noted that the Assessee could not evict the tenant and as such the Assessee decided to sell the structure to the tenant himself. The Tribunal also came to the conclusion that there was no evidence of any additional amount being received by the Assessee over and above the amount of Rs 6,000/- disclosed by the Assessee in his account. 4. Thus on the findings of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uded that the Commissioner of Income Tax (Appeals) had exercised his discretion in allowing the additional evidence and had also afforded an opportunity to the Assessing Officer to examine the additional evidence. The Tribunal held that since there was no challenge to the genuineness of the cash credit, the finding of CIT(A) in deleting the said addition after admitting additional evidence did not ..... X X X X Extracts X X X X X X X X Extracts X X X X
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