TMI BlogAddition made on account of EDC paid to HUDA was considered reimbursable and not part of profit, hence...Addition made on account of EDC paid to HUDA was considered reimbursable and not part of profit, hence disallowed. Addition u/s 43CA for difference between actual sale consideration and circle rate was remitted to AO for verification after considering facts. Addition u/s 68 for non-providing PAN of flat buyers was deleted as mere non-submission of PAN cannot lead to disallowance u/s 68 when relevant details were provided. Revenue's appeal was dismissed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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