SUMIT GOEL,JAIPUR vs. INCOME TAX OFFICER , JAIPUR

In the result,the appeal of the assessee is partly allowed

Bench: DR. S. SEETHALAKSHMI (Judicial Member), SHRI RATHOD KAMLESH JAYANTBHAI (Accountant Member)

Section 132 (4) of the I.T. Act, the Tribunal’s view that only the basis of such retracted statement, addition could not be justified without any other material admissible in evidence, warrants no interference as it is not a substantial question of law. In the case of Commissioner of Income Tax Versus Harjeev Aggarwal reported

ITO, STATUE CIRCLE vs. SUNITA MITTAL, GOPAL PURA

section 268A of the Income-tax Act, 1961 (the Act), for laying down monetary\nlimits and other conditions for filing of departmental appeals before Income Tax Appellate\nTribunal (ITAT), High Courts and SLPs/appeals before Supreme Court.\n\n2. Several references have been received by the Board that in large number of cases where\norganised tax-evasion scam is noticed through