INCOME TAX OFFICER-3(4), KANPUR vs. SHRI SANTOSH KUMAR AGARWAL, KANPUR

In the result, the appeal of the Revenue is dismissed

Bench: Shri T. S. Kapoor

69A from IT Act but AO did not evolve the matter further to prove as to how these sections are applicable on facts of this case to tax this amount as income from the undisclosed sources of the assessee. No addition can be made in assessment without invoking any particular charging section of the IT Act. Hon'ble Allahabad High

INCOME TAX OFFICER-1(3), KANPUR vs. SHRI RAJ KUMAR AGARWAL, KANPUR

In the result, both the appeals of the Revenue are dismissed

Bench: Shri T.S. Kapoor

69A from IT Act but AO did not evolve the matter further to prove as to how these sections are applicable on facts of this case to tax this amount as income from the undisclosed sources of the assessee. No addition can be made in assessment without invoking any particular charging section of the IT Act. Hon'ble Allahabad High

ALLIANCE NIRMAAN LIMITED,BAREILLY vs. PCIT, BAREILLY

In the result, the appeal of the assessee is allowed

69A in respect of on-money receipts, however, said order was set aside by Tribunal\nholding that AO had made detailed enquiries in respect of on-money receipts and said view was\nalso confirmed by High Court, SLP filed against decision of High Court was to be dismissed\nSupreme Court in the case of PCIT vs. Sumatichand Tolamal Gouti