DCIT 4(1)(1), MUMBAI vs CROWN CONSULTANTS (P) LTD, MUMBAI

Income Tax Appellate Tribunal, MUMBAI BENCH “C”, MUMBAI

Before: Shri Joginder Singh & Shri G Manjunatha

For Appellant: Shri Pujat Mittal

For Respondent: Shri Vimal Punmiya

11 Crown Consultants (P) Ltd unexplained credit u/s 68 of the Act. The CIT(A), after considering relevant submissions of the assessee has rightly deleted addition made by the AO. We do not find any error or infirmity in the order of the CIT(A). Hence, we are inclined to uphold the order of the CIT(A) and dismiss the appeal filed by the revenue. 10. In the result, appeal filed by the revenue is dismissed. Order pronounced in the open court on 24th January, 2018.

DCIT 4(1)(1), MUMBAI vs. CROWN CONSULTANTS (P) LTD, MUMBAI