Assessee not required to prove source of source

INCOME TAX APPELLATE TRIBUNAL, MUMBAI ITA No. 4284/Mum/2010 -(Assessment Year: 2006- 07) Dy. Commissioner of Income Tax V/s M/s  R. R. Builders Date of Pronouncement:18.01.2012 O R D E R PER D.K.AGARWAL (JM) This appeal preferred by the Revenue is directed against the order dated 9.3.2010 passed by the ld. CIT(A) for the assessment year 2006- 07. 2. Briefly stated facts of the case are that the assessee firm in engaged in the business of builders and developers and also dealer in real estate. It filed return declaring total income at Rs. 41,77,773/-. However, the assessment...