When Seized documents explains unexplained expenditure, no addition is warranted

ITAT KOLKATA BENCH ‘A’ Vivek Kumar Kathotia versus Deputy Commissioner of Income-tax IT(SS)A Nos. 1 to 4, 6 & 7 (Kol.) of 2011 [ASSESSMENT YEARS 2003-04 TO 2008-09] JULY  29, 2011 ORDER Mahavir Singh, Judicial Member IT(SS)A Nos. 1 to 3/Kol/2011 and IT(SS)A Nos. 4 and 6/Kol/2011 and IT(SS)A No. 7/Kol/2011 by assessee and IT(SS)A No. 10/Kol/2011 by Revenue are arising out of the orders of CIT(A), Central-1, Kolkata in Appeal Nos. 107 to 109, 110, 111 and 112/CCVI/CIT(A)-C-I/2009-10 vide dt. 26th Nov., 2010 and 29th Nov., 2010 and 30th Nov., 2010. Assessments we...