ITAT Delhi held that addition towards undisclosed income merely on the basis of conjectures cannot be sustained in the eye of law. Further, also held that addition purely based on post-dated cheques ...
1. The Income Tax Officer 19 (3) (1), Mumbai (“the A.O”) erred law and on facts in making additions/disallowance of Rs 60,65,780/- to the income of the Assessee firm u/s 68 and Section 69C of the ...