Protective addition deleted as income already included and tax paid by assessee’s wife: ITAT Delhi

Brijesh Kumar Vs ITO (ITAT Delhi) ITAT Delhi held that protective addition in the hands of assessee deleted as substantial addition already made in the hands of the assessee’s wife and tax is already paid on the same. Accordingly, addition deleted. Facts- The case of the Assessee was selected for scrutiny under CASS, accordingly notice u/s 143(2) and 143(1) along with questionnaires were issued to the Assessee. Assessment order came to be passed on 04/11/2016 by making addition of Rs. 86,20,000/- u/s 69 of the Act of Income Tax Act, 1961 as unexplained investment. CIT(A) sustained the additi...