No further addition on issues covered by settlement commission order in other proceedings

Brief of the case:

AO made additions on account of unexplained sources of expenses on the basis of some documents found during search proceedings u/s 132 on Gopal Zarda Group. On seized documents some details of expenses and payment of share premium is mentioned. Additions made by AO were deleted by CIT (A). After examining the facts and arguments tribunal observed that CIT(A) perused the order of settlement commission and held that CIT (A) was right in deleting addition.

Facts of the case:

• A search and seizure action u/s. 132 of

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