The appeals of the assessee are allowed for statistical purposes
Bench: Shri Rajpal Yadav, Vice-(Kz) & Dr. Manish Borad
69C of the Income Tax Act on account of unexplained expenditure incurred by the assessee for construction of three real estate properties, i.e. Patna One Mall, Boring Road Project and Phulwarisharif Patna Project. The assessee has sold the properties in these assessment years. The details of those properties have been tabulated in the assessment orders. The ld. Assessing Officer found