S. 69C : Unexplained expenditure -CIT(A) applying 40% net profit on account of alleged concealed receipts was set a side to the AO to decide accordance with law .

S.69C: Unexplained expenditure -Bogus purchases- Non service of notice cannot be the basis to confirm the addition as bogus purchases considering other evidences purchases cannot be assessed as alleged bogus purchases .

S.69C: Unexplained expenditure -Bogus purchases- Supplier admitted the supply of goods and genuineness of transaction, therefore purchases cannot be treated as bogus purchases addition of Rs 12.5% of the purchases was deleted. [S. 133(6)]

S. 69B : Amounts of investments not fully disclosed in books of account –Valuation of closing stock for availing of facilities from bank -Quantity of stock remaining same additions cannot be made .

S. 69B: Undisclosed investments- On money -Mere admission of amounts recorded in pen drive as additional unexplained income would not lead to drawing of adverse inference that unexplained investment was made by assessee for purchase of property, particularly when no evidence was produced to justify said payment by assesse [ S. 132(4) ]

S. 69A : Unexplained moneys –Professional services – Only on the basis of AIR information without conducting any further enquiry addition cannot be made . Matter remanded . [ S. 133(6) ]

S.69A: Un explained moneys- Gross weight of jewellery disclosed in regular returns was in excess of gross weight of jewellery found in search, no seizure/addition was permissible. [ S. 132 ]

S. 69 : Unexplained investments – Investment in shares and bonds – Addition was deleted as the alleged information was not made available to the assesse.

S. 69 :Unexplained investments -Foreign Bank deposits – Information was received from Central Board of Direct Taxes that assessee was beneficiary of a trust in foreign Country, having account in LGT Bank, Liechtenstein, Germany -Addition was held to be justified .

S. 68 : Cash credits -Share application money —Failure by AO to make inquiry on documentary evidence produced by assessee, deletion of addition was held to be justified [ S. 133(6),153A ]