The appeal of the assessee is allowed in terms of our
Bench: Sh. Ravish Sood & Dr. M. L. Meena
viii). that no adverse inferences had been drawn by the department in the case of the alleged purchaser, viz. Sh. Surjit Singh, and in fact the reassessment proceedings that were initiated in his case for A.Y 2008-09 had been dropped by his A.O vide her order passed u/s 147/148(3), dated 23.03.2016; (ix). that the 10 Smt. Gurjeet Kaur