2013 (10) TMI 1416

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....ome-tax Act, 1961, arises from a decision of die Income Tax Appellate Tribunal, Panaji Bench dated 12 April, 2013 for the Assessment Year 2007-08. The Revenue has raised the following questions of law : "(1) Whether the Tribunal was correct in facts and in law in deleting the addition of Rs. 6,60,00,000/- made by the Assessing Officer towards the additional sale consideration received in ....

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.... 6,60,00,000/- during the course of the assessment proceedings, on the basis that this represented the additional sale consideration received against the sale of land at Taleigao. In appeal, the Commissioner of Income Tax (Appeals) deleted the addition, holding that the addition was made principally on the basis of an e-mail recovered during the course of search action at the premises of one Haris....