Dismissing the appeal of the revenue the court held; merely on the basis slips found during search and since there was no material to substantiate assumption that slips denoted amounts outside cash book of assessee, addition was held to be not justified.
CIT v. Ansal Properties & Industries. (2018) 259 Taxman 103 /170 DTR 225/( 2019) 308 CTR 510(Delhi) (HC)
S. 69C : Un explained expenditure-Cash payments-Slips found during search-Since there was no material to substantiate assumption that slips denoted amounts outside cash book of assessee, addition was held to be not justified. [S. 132]