2011 (10) TMI 33

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....Ji Agarwal,A.N. Mahajan,Ashok Kumar,Bharatji Agarwal,D. Awasthi,G.Krishna,R.K. Upadhaya,S Chopra   We have heard Shri Ashish Bansal, learned counsel for the appellant. Shri R.K. Upadhyay appears for the respondents. For the Assessment Year 1992-93, the Tribunal set aside the order of CIT (A) in deleting the addition of Rs.1,00,000/- made by A.O., in the income of appellant-assessee, which ....

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....wn in the name of Anand Narain Mani. Addition of Rs.1 lakh is to be made under section 68 of the I.T. Act as the genuineness of loan/ cash credit of Rs.1 lakh in the name of Anant Narain Mani has not been proved." Shri Ashish Bansal, learned counsel for the appellant states that Shri Anant Narain Mani had filed a return on 29.3.1993 showing income of Rs.22,100/-. The Income Tax Officer while makin....