This appeal filed by the Assessee is directed against the order dated 22.09.2017 of the Commissioner of Income Tax (A)- 21, New Delhi relating to Assessment Year 2008-09.

The relevant facts as culled from the material on records are as under:

Assessee is an individual stated to be having income from salary, capital gains, property etc. Assessee filed return of income for A.Y. 2008-09 on 31.07.2008 declaring total income of Rs.5,82,668/-. The return of income was initially processed u/s 143(1) of the Act. Subsequently, on the basis of information received by the AO from the Investigation Wing w.r.t cash payments for the purchase / booking of the property, the details of which according to the AO were not disclosed by the assessee in the return of income, notice u/s 148 of the Act was issued on 25.3.2015. Thereafter, the assessment was framed u/s 148/143(3) vide order dated 14.03.2016 and the total income was determined at Rs. 62,09,830/-. Aggrieved by the order of AO, assessee carried the matter before CIT(A) who vide order dated 22.09.2017 in appeal no. 21/2016-17 dismissed the appeal of the assessee. Aggrieved by the order of CIT(A), assessee is now before us and has raised the following grounds

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