2016 (8) TMI 109

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....t to all just exceptions. ITA No. 458/2016 2. This appeal by the Revenue under Section 260A of the Income Tax Act, 1961 ('Act') is directed against the impugned order dated 11th January 2016 passed by the Income Tax Appellate Tribunal ('ITAT') in ITA No. 1722/Del/2011 for the Assessment Year ('AY') 2007-08. 3. The short question that is sought to be urged by the Revenue in this appeal is ....

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....ugh in respect of the said four parties, the Assessee had submitted similar documents and in addition the said four parties had filed confirmation letters along with their bank statements, they did not appear in response to the summons issued to them under Section 131 of the Act. On that basis the AO made the addition of Rs. 70 lakhs under Section 68 of the Act. 5. The CIT (A), after discussing....