Held that the assessee did not receive any amount under form 16A issued by various parties and this was corroborated by the bank account statement of the assessee. In all these circumstances, except suspicion of the Assessing Officer, there was no material, whatsoever, at the command of the Assessing Officer to fasten any tax liability on the assessee. Order of CIT(A) is affirmed. (AY. 2007-08)
ITO v. Logistic Buildtech P. Ltd. (2021) 91 ITR 14 (SN) (Delhi)(Trib.)
S. 143(3) : Assessment-Income from undisclosed sources-Refund of tax deducted by mistake-Deletion of addition is justified [S. 69]