https://www.taxtmi.com/highlights?id=24031 AO treated the surplus as profit of assessee for the reason that, the land in question is stock-in trade and not investment. That being the case, CIT(A) is not justified to concluded that assessee has failed to produce any evidence with regard to payment made to various persons - No addition - AT en-us Mon, 03 Aug 2015 12:37:40 +0530 Mon, 03 Aug 2015 12:37:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=24031 AO treated the surplus as profit of assessee for the reason that, the land in question is stock-in trade and not investment. That being the case, CIT(A) is not justified to concluded that assessee has failed to produce any evidence with regard to payment made to various persons - No addition - AT Highlights Income Tax Mon, 03 Aug 2015 12:37:40 +0530 https://www.taxtmi.com/highlights?id=24031