Addition of Rs. 30 Crores u/s. 68 remitted as additional evidences filed u/r 29 of ITAT Rules

Oracle Farms LLP Vs DCIT (ITAT Delhi) ITAT Delhi remanded the matter back to the file of the Assessing Officer in the matter of addition of Rs. 30 Crores u/s. 68 since additional evidence filed under rule 29 of the ITAT Rules, 963 substantiating genuineness of business advances. Facts- The only issue on merits under consideration is addition of Rs. 30 crores u/s 68 in respect of business advance received from M/s. Saisudhir Infrastructure Ltd.. The assessing officer has considered the addition on the ground that appellant assessee was not able to furnish relevant documents in support of the tr...