2026 (3) TMI 1396

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....Ranjit Kaur, Addl. CIT, Sr. DR ORDER PER RAJPAL YADAV, VP The assessee is in appeal before the Tribunal against the order of the ld. Commissioner of Income Tax (Appeals) [in short 'the CIT (A)'] dated 18.09.2025 passed for assessment year 2017-18. 2. The solitary grievance of the assessee is assessee is that ld.CIT (Appeals) has erred in confirming the addition of Rs.30 lacs which was ....

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.... has accepted that Rs.42 lacs can be considered as representing the sale consideration and rest is to be treated as unexplained. 4. Appeal to the ld. CIT (Appeals) did not bring any relief to the assessee. 5. We fail to appreciate the fatuous exercise made by the AO, as there is no logic in the assessment order as to how he can identify that out of Rs.72 lacs, only Rs.42 lacs can be consider....