2010 (2) TMI 19

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....ADAR DURREZ AHMED  HON'BLE MR JUSTICE SIDDHARTH MRIDUL  1. Whether reporters of local papers may be allowed to see the judgment? 2. To be referred to the Reporter or not? 3. Whether the judgment should be reported in the Digest? BADAR DURREZ AHMED, J (ORAL)  CM No. 1166 of 2010 (for Delay)     The delay in filing the appeal is condoned. The applic....

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....Fortis Financial Services for which payment had also been received by the Assessee. It had also rendered financial consultancy services by arranging a loan from CitiCorp for Oscar Investment Ltd and had received commission.  Consequently, the Tribunal held that the disallowance was rightly deleted by the CIT(A). 2. The Assessing Officer has also made an addition on account of sale of a sho....

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....g the sale price of the said shop was acceptable.  The Tribunal also noted that the Assessee could not evict the tenant and as such the Assessee decided to sell the structure to the tenant himself.  The Tribunal also came to the conclusion that there was no evidence of any additional amount being received by the Assessee over and above the amount of Rs 6,000/- disclosed by the Assessee i....

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....pellate Tribunal, after referring to Rule 46A, concluded that the Commissioner of Income Tax (Appeals) had exercised his discretion in allowing the additional evidence and had also afforded an opportunity to the Assessing Officer to examine the additional evidence. The Tribunal held that since there was no challenge to the genuineness of the cash credit, the finding of CIT(A) in deleting the said ....