Dismissing the appeal of the revenue the Court held that\u00a0\u00a0 that the question raised by the Revenue could not be termed a substantial question of law as the Tribunal had considered the effect of the provisions of S.\u00a0 292C as applied by the CIT (A ) by telescoping and reducing the addition giving partial relief to the assessee. As regards \u00a0\u00a0deleting the other addition, the Tribunal on the basis of the materials produced before it and after analysing them had arrived at a finding of fact. No interference was warranted. As there were concurrent findings of fact by both the authorities, none of the other deletions could be questioned.( AY.2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"
S.143(3) : Assessment- Survey- Telescoping and reducing the addition – Income from undisclosed sources \u2014 Additions deleted by Tribunal on facts \u2014 No substantial question of law .[ S. 133A, 260A, 292C ] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-12666","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-3ii","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=12666"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12666\/revisions"}],"predecessor-version":[{"id":12667,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/12666\/revisions\/12667"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=12666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=12666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=12666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}