TULSIANI INFRAVENTURES PVT. LTD.,ALLAHABAD vs. DC/ACIT, CENTRAL CIRCLE, VARANASI

In the result the addition of Rs

Bench: Shri B.R. Baskaran & Shri Amit Shuklatulsiani Infrastructure Vs. Dc/Acit, Private Limited, 37, ‘Central Circle, Varanashi Elgin Road, Civil Lines, Aaykar Bhawan, 3Rd Floor Allahabad- 211001 Maqbool Alam Road, Varanasi - 221002 स्थायी लेखा सं./जीआइआर सं./Pan/Gir No: Aadct8858R Appellant .. Respondent [ Appellant By : V.K. Jindal & Ashish Jindal Respondent By : Robin Chaudhary Date Of Hearing 27.09.2023 Date Of Pronouncement 22.11.2023 आदेश / O R D E R Per Amit Shukla: (Jm): The Aforesaid Appeal Has Been Filed By The Assessee Against The Order Dated 24.05.2023, Passed By Cit (Appeals) Lucknow-3 For The Quantum Of Assessment Passed In Sec. 153 R.W.S 143(3) For The Assessment Year 2017-18. 2. In Various Grounds Of Appeal The Assessee Has Challenged The Addition Of Rs.41,64,28,242/- As Against Rs.3,50,15,393/- Surrendered/Offered By The Assessee. It Has Been Stated In The Grounds That The Addition Has Been Made By The Ao By Extrapolating The Figure Of Alleged On-Money Noted In Seized Documents Which Was Rough Detail Of Amount Received/ Receivable From The Buyers For The Booking

TDS made: b. Other miscellaneous expenses c. Construction related expenses Net Undisclosed Income (1-2) 41,64,28,242 Page 7 Tulsiani Infrastructure Pvt. Ltd. Vs. DC/ACIT CC Varanasi 6. The ld. CIT (A) has confirmed the said addition