2013 (2) TMI 740

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....JUDGEMENT   In this appeal by the revenue for assessment year 2009 10 following question of law has been framed for our consideration. "Whether on the facts and in the circumstances of the case and in law the Tribunal was justified in deleting the addition made by the Assessing Officer of Rs. 71,67,000/ - being unaccounted cash receipts found during the time of search action by acceptin....

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....ook place. The Tribunal records a fact that there is no dispute that unrecorded entries of cash found with the respondent assessee were in respect of sale of flats and forming part of consideration for sale of flats. Further the names of the buyers of the flats and the cash receipts from the buyers were also found during the course of the search. In these circumstances, on the basis of the finding....