2019 (1) TMI 407

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.... Tax, Sri. P. K. R. Menonsr. Counsel Goitaxes JUDGMENT VINOD CHANDRAN, J The assessee is in appeal from the order of the Tribunal raising the following question of law: Whether in the facts and circumstances of the case, the Tribunal was correct in confirming the addition of Rs. 10,00,000/- and is not the finding perverse for reason of non-consideration of relevant facts? 2. The assessment o....

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....er found the explanation to be not satisfactory. The First Appellate Authority as per Annexure B order enhanced the addition to Rs. 15,91,650/-. This was on account of the Assessing Officer having submitted a report dated 20.08.2007 before the First Appellate Authority as to the information received that the actual payment was of Rs. 15,91,650/-.The First Appellate Authority had made the addition ....