RAJAN DHIR vs. PRINCIPAL COMMISSIONER OF INCOME TAX
ITA/64/2016HC Himachal Pradesh02 Aug 2023
Bench: HONOURABLE THE CHIEF JUSTICE MAMIDANNA SATYA RATNA SRI RAMACHANDRA RAO,HON'BLE MR. JUSTICE AJAY MOHAN GOEL
For Appellant: Mr. Vishal Mohan, Senior Advocate, withFor Respondent: Mr. Vinay Kuthiala, Senior Advocate
Section 132Section 132(4)Section 260Section 68
12)
This was challenged by both the assessee as well as the
Department before the Income Tax Appellate Tribunal (ITAT).
13)
Before the ITAT, the assessee contended that as there were
certain deposits in bank account, which were un-disclosed, so additions
were made by the Assessing Officer and in the circumstances, only
addition to the extent of peak credit
