A.C.I.T CIR - 2,ASANSOL, ASANSOL vs. SMT PINKEY PRASAD, BURDWAN

In the result, both the appeals of assessee and that of revenue are partly allowed for statistical purposes

Bench: Shri Mahavir Singh, Jm & Shri M. Balaganesh, Am]

unexplained investment u/s. 69 of the Act. Similarly, the assessee has disclosed in its statement of affairs as on 31.03.2010 an amount of Rs.4,99,920/- as brought forward and Rs.6.50 lacs as investment in house building. According to AO, the assessee has reflected a sum of Rs.4,99,920/- as investment in residential house property

SMT PINKEY PRASAD,ASANSOL vs. J.C.I.T RANGE - 2,ASANSOL, ASANSOL

In the result, both the appeals of assessee and that of revenue are partly allowed for statistical purposes