Additions U/s 69C Based Merely On CBIC Information Can't Be Sustained: Delhi High Court

The Delhi High Court sets aside the assessment order and remits the matter to AO on the ground that the additions of Rs.70.10 Cr. made under Section 69C as unexplained expenditure based merely on...

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Ananya Kapoor ,Salil Kapoor ,Sumit Lalchandani ,Justice Vibhu Bakhru ,Justice Tara Vitasta Ganju ,High Court ,Division Bench ,Income Tax Officer ,Assessing Officer ,Tarun Chanana ,