2015 (3) TMI 841

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....jape ORDER This Appeal is directed against the order passed by the Income Tax Appellate Tribunal, Mumbai Bench, Mumbai dated 12th September, 2012. 2. Mr. Pinto appearing for the Revenue would submit that the concurrent findings of fact cannot be said to be binding, as the Assessing Officer established that it is the Assessee who has paid the sum and in cash for purchase of a shop. The det....

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....upreme Court does not mean that the Commissioner and the Tribunal based their conclusions only on the observations in the Hon'ble Supreme Court Judgment. Having found that the Assessing Officer did not take into consideration the cross examination of one Kantilal Patel, which revealed that the only consideration received for sale of the shop and to the extent of 454.50 square feet to the Asses....