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Income Tax Appellate Tribunal, DELHI BENCH ‘A’, NEW DELHI
Before: SH. A.D. JAIN & SH. N. K. BILLAIYA
This appeal filed by the assessee is preferred against the order of the CIT(A), New Delhi dated 10.03.2018 pertaining to A.Y.2009-10.
The grievance of the assessee read as under :-
At the very outset before us the Counsel for the assessee made a statement that the protective additions made in the hands of the assessee have been confirmed as substantive additions in the hands of persons mentioned in the assessment order.
Since the protective additions has been added at substantive basis in the hands of the other persons as per the statement at bar of the counsel, we do not find any reason to dwell into the merits of the addition in the appeal under consideration.
We accordingly direct the AO to delete the additions.
However, the revenue is given liberty to approach this Tribunal as
per the provisions of the law if substantive additions are deleted from the hands of the other persons by appellate authorities.
In the result, the appeal of the assesssee is accordingly allowed.
The order is pronounced in the open court on 15.03.2022 in the presence of both the parties.