S. 69A : Unexplained money-Search-Cash withdrawal-No explanation for reason for withdrawal-Addition cannot be made-Jewellery-Silver articles-Residence and bank locker-Joint family-Explanation have to be considered as belonging to family as a whole-Addition is deleted. [S. 132]

S. 69 :Unexplained investments-Immoveable property-Non-Resident-Source of investment-Produced bank statement-Addition is deleted.

S. 69 :Unexplained investments-Investment in flat which was made in earlier year-Reflected in balance sheet-Addition is deleted.

S. 69 :Unexplained investments-Immovable property-Loan from mother-Creditworthiness is established-Addition is deleted-Interest paid to mother-Matter remanded to the AO for verification. [S. 22, 24]

S. 68 : Cash credits-Share application money and share premium-Filed necessary details-Deletion of order by CIT(A) is affirmed.[S. 133(6)]

S. 68 : Cash credits-Cash deposit-Demonetisation-Justified in treating as unexplained and lev levy tax as prescribed in section 115BBE of the Act.[S.2(37A,),115BBE, 131, 133(6)]

S. 68 : Cash credits-Loans and advances-Cash deposit-Demonetisation-Best judgement assessment-Matter remanded to CIT(A) [S.69, 144]

S. 56 : Income from other sources-Fraudulently received refunds from income tax department by producing forged challans and parked same in accounts operated by him-Taxable on accrual basis even if the said amount was recovered by the Govt. of India in subsequent years-Deduction-Recovery of income did not constitute an expense incurred wholly and exclusively for purpose of earning income under section-Disallowance is affirmed. [S. 2(24), 4,57, 132]

S. 56 : Income from other sources-Amalgamation-No transfer of shares-Addition is deleted.[S. 47(vii), 56(2)(vii(c)]

S. 56 : Income from other sources-Purchase of flat prior to insertion of clause (x) of sub-section (2) of section 56 by Finance Act 2017-Provision is not applicable-Addition is deleted.[S.56(2)(x)]