COMMISSIONER OF INCOME TAX Vs. SHRI BHAGIRATH AGGARWAL

JUDGEMENT

(1.) The present appeals have been filed under Section 260A of Income Tax Act, 1961 (for brevity, "Act") challenging the composite order dated 28th August, 2009 passed by the Income Tax Appellate Tribunal (in short "Tribunal") in ITA Nos. 3453/Del/2008 and 3596/Del/2008, for the Assessment Year 2005-2006.

(2.) Ms. Rashmi Chopra, learned counsel for Revenue submitted that the Tribunal had erred in law in deleting the addition made by the Assessing Officer on account of undisclosed investment made by the assessee solely on the basis of DVO's report.

(3.) Admittedly, in the case of Smt. Suraj Devi, one of the co-owners of the property in question titled as Commissioner of Income Tax Vs. Smt. Suraj Devi, ITA No. 811/2010 decided on 13th August, 2010, this Court has upheld the order of the Tribunal deleting the addition made solely on account of DVO's report.