2017 (10) TMI 1536

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....h, Adv. ORDER PER PRASHANT MAHARISHI, A. M. 1. This is an appeal filed by the revenue against the order of the ld CIT(A)-XI, New Delhi dated 23.12.2013 for the Assessment Year 2004-05, wherein an addition of Rs. 4922700/- was deleted pertaining to unexplained investment u/s 69C of the Income Tax Act, 1961. 2. The brief facts of the case is that the assessee is a company who filed its return of....

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....ave carefully considered the rival contentions and also perused the relevant orders of the lower authorities as well as the direction given by the coordinate bench. The ld CIT(A) has deleted the above addition vide para No. 11.4 to 11.6 of the order. According to him nothing adverse was noticed from the reply of the parties from whom the enquiries were conducted by the AO and in fact they confirm....