2019 (4) TMI 1792

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....cate ORDER P.C.: 1. This Appeal is filed by the revenue to challenge the judgment of Income Tax Appellate Tribunal ('Tribunal' for short). Following question is presented for our consideration; "6.1 Whether in law and on the facts of the instant case, was the Tribunal justified in deleting the addition made u/s 69C without appreciating that explanation given by the Assessee regar....

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....he decision of the Hon'ble Allahabad High Court in the case of ACIT vs. Shanti Swaroop Jain, 55 Taxmann 378 which is identical to this case? 2. Issue pertains to additions made by the Assessing Officer in the hands of the Respondents Assessee under section 69C of the Income Tax Act, 1961 ('the Act' for short). CIT (Appeals) and the Tribunal deleted the addition, inter alia, on the grounds t....