ADD ADVISORS PRIVATE LIMITED,NEW DELHI vs. NATIONAL E-ASSESSMENT CENTRE, DELHI, DELHI

In the result, the appeal of the Revenue is dismissed and appeal

Bench: Shri Challa Nagendra Prasad & Shri S Rifaur Rahmanिनधा"रणवष"/Assessment Year: 2018-19 बनाम Deputy Commissioner Of Add Advisors Pvt. Ltd. Res-Cowork 03, 5Th Floor, Income Tax, Vs. Circle-1(1), Room No.153A, Caddie Commercial Tower, Aerocity, C.R. Building, I.P. Estate, Delhi International Airport, New Delhi. New Delhi. Pan No. Aaica3938N अपीलाथ" Appellant ""यथ"/Respondent & िनधा"रणवष"/Assessment Year: 2018-19 बनाम Add Advisors Pvt. Ltd. Deputy Commissioner Of Res-Cowork 03, 5Th Floor, Vs. Income Tax, Caddie Commercial Tower, Aerocity, Circle-1(1), Room No.153A, Delhi International Airport, C.R. Building, I.P. Estate, New Delhi. New Delhi. Pan No. Aaica3938N अपीलाथ" Appellant ""यथ"/Respondent

section 69C i.e. there must be an expenditure incurred and there should be failure of the assessee to explain the source of the expenditure to me satisfaction to the AO are not fulfilled, I believe the addition of Rs.3.75,0,000/- was not warranted. Accordingly, I direct the AO to delete the same. Ground no 3 is allowed