Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee
54B of the Income Tax Act, 1961. 3. That the Ld. CIT(Appeals) was further unjustified while confirming the addition of Rs.95.17,875 (1,40,17,875 - 45,00,000), made by the Assessing Officer, as income from other sources under section 69A of the Income Tax Act, 1961, based on assumptions and presumptions without any material evidence