https://www.taxtmi.com/caselaws?id=342749 The Court dismissed the appeal against the Income Tax Appellate Tribunal's decision for A.Y. 2006-07, confirming the deletion of an addition of undisclosed investment made by the Assessing Officer. The Court upheld the CIT(A) and Tribunal's findings, noting the lack of substantial questions of law. The appellant's argument that the A.O. erred in treating the land purchase as a sale and the lack of evidence supporting the additional amount claimed were not accepted. The Court affirmed the deletion of the addition, emphasizing the inconsistency in the A.O.'s approach. en-us Wed, 26 Apr 2017 00:00:00 +0530 Thu, 11 May 2017 07:10:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342749 The Court dismissed the appeal against the Income Tax Appellate Tribunal's decision for A.Y. 2006-07, confirming the deletion of an addition of undisclosed investment made by the Assessing Officer. The Court upheld the CIT(A) and Tribunal's findings, noting the lack of substantial questions of law. The appellant's argument that the A.O. erred in treating the land purchase as a sale and the lack of evidence supporting the additional amount claimed were not accepted. The Court affirmed the deletion of the addition, emphasizing the inconsistency in the A.O.'s approach. Case-Laws Income Tax Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342749