S. 69 ITAT to give clear finding as to whether the explanation offered by the assessee is satisfactory or not

HIGH COURT OF DELHI Commissioner of Income-tax-VIII Versus Ajai Shukla IT Appeal No. 606 of 2012 January 16, 2013 JUDGMENT Badar Durrez Ahmed, J – This appeal has been preferred by the revenue in respect of the assessment year 2008-09 from the order dated 23.12.2011 passed by the Income Tax Appellate Tribunal, New Delhi in ITA No.2896/Del./2011. 2. The only issue that is sought to be raised here before us concerns the deletion of the addition of Rs. 70,18,518/- by the Commissioner of Income Tax (Appeals) as also by the said Tribunal. The said addition had been made by th...