2017 (1) TMI 565

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....nst the Order of the Ld. Commissioner of Income Tax (Appeals)-I, Noida dated 15.1.2015 pertaining to assessment year 2009-10. 2. The grounds of appeal read as under:- 1. That under the facts and circumstances and in view of the documents, explanations and statements recorded, both the lower authorities erred in law as well as on merits in making and sustaining addition of Rs. 25,07,700....

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....5.1.2015 has dismissed the appeal of the assessee. 5. At the time of hearing, Ld. Counsel of the assessee has submitted that in view of the documents, explanations and statements recorded, both the lower authorities erred in law as well as on merits in making and sustaining the addition of Rs. 25,07,700/- as unexplained cash deposit on various dates in Andhra Bank, Sector 55/56, Noida. Hence, h....

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.... three persons namely Sh. Shadi, Sh. Satish Goel and Sh. Ram Bir Singh Tewatia. Sh. Shadi father of the assessee have been produced before the AO for proving the sale of agriculture land by him and he has admitted that he has entered into agreement of sale with four persons. I also note that Sh. Satish Goel and Sh. Ram Bir Singh Tewatia who are the buyers of agricultural land as per agreement of s....