This is an appeal filed by THE ASSISTANT COMMISSIONER OF INCOME TAX, Central Circle – 26, New Delhi against the order of the ld CIT(A)-29, New Delhi dated 25.08.2017 for the AY 2014-15 wherein addition made by the learned assessing officer of Rs 1 78,28,485/– being income on account of undisclosed interest income earned on undisclosed foreign bank account deposits u/s 69 of The Income Tax Act made by the learned assessing officer as per order u/s 143 (3) of The Income Tax Act dated 31 August 2016 was deleted. Thus the revenue is aggrieved.
The revenue has raised the following grounds of appeal:-
“1. Whether the ld CIT(A) was right in rendering addition made in the hands of the appellant infructuous on the basis of similar addition in the hands of the appellant for the earlier years at CIT(A) level when the addition has not reached finality and should have been held protectively in the hands of the assessee.
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