2015 (6) TMI 1156

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....DR  O R D E R PER N.K. BILLAIYA This appeal by the Revenue is directed against the order of Ld.CIT (A), Belgaum, dated 01/10/2014 pertaining to A.Y. 2011-12. 2. At the very outset, counsel for the assessee stated that grievance of the Revenue has already been decided by the Tribunal in favour of the assessee and against the Revenue in A.Ys. 2006-07, 2008-09 & 2010-11 in I.T.A.No. 184 t....

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....ount of unexplained money in the bank accounts. (4) In the facts and circumstances of the case, the, Id CIT(A) erred in ignoring the fact that during the course, of survey the assessee himself has stated that he has deposited unaccounted business proceeds into these accounts and therefore, the cash flow statement made as an afterthought cannot be relied upon." 4. In assessee's own case in A.Ys.....