PADAM KUMAR JAIN,RANCHI vs. DCIT, CENTRAL CIRCLE-1, RANCHI

In the result, all the appeals filed by the assessee are allowed and copy of common order passed is to be placed on respective case files

Bench: Shri Rajesh Kumar & Shri Sonjoy Sarma]

undisclosed income of Rs.54,00,000/- which was detected during the course of assessment proceeding based on the seized material marked as UKD-1 to UKD-4, which the appellant surrendered by way of letter dated 21.12.2016. In other words the AO excluded additions made u/s.14A and other adhoc disallowances