2019 (7) TMI 1392

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....ya Parashar, Mrs.Mekhala Benny and Ms. Umang Luthra, Advocates. O R D E R 1. This is an appeal by the Revenue against the order dated 29th November, 2018 passed by the Income Tax Appellate Tribunal (ITAT) in ITA No. 6660/Del/2016 for the Assessment Year (AY) 2013-14. 2. The first question sought to be urged is whether the ITAT was right in deleting an addition of Rs. 3.28 crores made by the Ass....

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.... amount, the same was returned to the Amrapali Group by the M/s Bihari Ji Group. 5. The determination by the ITAT is based on facts and there is nothing to indicate that it is perverse. 6. The second issue concerns the deletion of the addition of Rs. 6 crores made by the AO on account of unexplained share application money under Section 68 of the Act. The CIT (A) accepted the explanation offered....