2020 (11) TMI 858

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....ima Gupta, CIT-DR ORDER PER KUL BHARAT, J.M: This appeal by the assessee is directed against the order of ld. Commissioner of Income Tax (Appeals)(in short 'Ld. CIT(A)'-3, Bhopal, dated 08.02.2019 pertaining to assessment year 2016-17. The assessee has raised following grounds of appeal: "1.That on the facts and in the circumstances of the case and in law, the Ld. CIT(A) erred....

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....ndividual and having income from agricultural activities etc. and various firms. Search and seizure operation u/s 132 of the Income Tax Act 1961 (hereinafter referred as the Act) were carried out on residential premises of assessee on 05.10.2015. In response assessee filed return of income for A.Y. 2016-17 on 06.03.2017 declaring total income of Rs. 13,67,670/-. The AO made addition of Rs. 10,0....

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.... the amount of additional income which was accepted by his son at the time of search on account of documents/loose papers. 5. On the contrary Ld. Departmental Representative (DR) opposed the submissions of the Ld. counsel for the assessee and supported the orders of the authorities below. 6. We have heard rival submissions and perused the material available on record and gone through the ord....

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....atio laid down in the following judicial pronouncement: 1. M/s Ultimate Builders vs. ACIT (ITANo.134/Ind/2019 dated 09.08.2019)(Indore Tribunal). 2. ACIT vs. Sudeep Maheshwari (ITANo.524/Ind/2013 dated 13.02.2019)(Indore Tribunal) 3. Kailashben Manharlal Chokshi vs. CIT (2010)) 328 ITR 0411(Guj) 4. Pullangode Rubber Produce Co. Ltd. vs. State of Kerala (1973) 91....