https://www.taxtmi.com/caselaws?id=446048 ITAT Mumbai dismissed most grounds of appeal. Assessment years 2010-11 to 2014-15 were held as unabated years disturbed by incriminating material found during search, justifying additions for undisclosed income, house property income, and bogus long-term capital gains. Transfer under section 127 was valid per section 129 provisions. Interest under section 234B was chargeable in section 153A proceedings without hearing requirement. However, bogus LTCG addition was remanded to AO for fresh determination following coordinate bench precedent, directing assessee to prove genuineness of trades and produce relevant parties for examination. en-us Fri, 17 Nov 2023 00:00:00 +0530 Thu, 23 Nov 2023 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446048 ITAT Mumbai dismissed most grounds of appeal. Assessment years 2010-11 to 2014-15 were held as unabated years disturbed by incriminating material found during search, justifying additions for undisclosed income, house property income, and bogus long-term capital gains. Transfer under section 127 was valid per section 129 provisions. Interest under section 234B was chargeable in section 153A proceedings without hearing requirement. However, bogus LTCG addition was remanded to AO for fresh determination following coordinate bench precedent, directing assessee to prove genuineness of trades and produce relevant parties for examination. Case-Laws Income Tax Fri, 17 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446048