The Tax Publishers2021 TaxPub(DT) 0164 (Del-Trib)

IN THE ITAT, DELHI BENCH

H.S. SIDHU, J.M. & PRASHANT MAHARISHI, A.M.

Sunil Saini v. ITO

I.T.A. No. 6745/Del/2014

31 December, 2020

Assessee Partly Allowed.

Assessee by: R.S. Singhvi, Rajat Garg, CA's

Revenue by: Aman Preet, Sr. DR

ORDER

Prashant Maharishi, A.M.

1. This appeal is filed by the assessee, Shri Sunil Saini, against the order of the learned Commissioner (Appeals)-26, New Delhi, dated 25-9-2014 for the assessment year 2009-10.

2. The assessee has raised effectively three grounds of appeal against the various additions as under :--

l(i). That on the facts and circumstances of the case, the Commissioner (Appeals) was not justified in confirming addition of Rs. 16,80,531 as unexplained income relating to deposits in the account with ICICI Bank.

(ii) That the finding and conclusion of the authorities below is without proper appreciation of facts and opportunity to the assessee. 2(i) That Commissioner (Appeals) has also erred in confirming addition of Rs. 43,74,830//'as income from undisclosed sources.

(ii) That whole basis of addition is illegal, arbitrary and without proper appreciation of facts.

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