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| The Tax Publishers2020 TaxPub(DT) 0291 (SC) : (2020) 274 TAXMAN 0001 INCOME TAX ACT, 1961,
Section 261 Section 69C
Where the assessee preferred SLP to appeal against the judgment of Delhi High Court in Sushil Bansal v. Pr. CIT [ITA No. 601/2019, dt. 10-7-2019] : 2019 TaxPub(DT) 5812 (Del-HC), whereby the High Court held that the AO had taken pains to summon the father-in-law of the assessee and record his statement, but statement made by the assessee's father-in-law was not helpful in explaining the source of payment of capitation fees, thus, the AO was justified in adding payment of capitation fees to the assessee's income, the Supreme Court dismissed the SLP.
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Appeal (Supreme Court) - Special leave petition - Addition under section 69C - Unexplained capitation fees
Assessee preferred SLP to appeal against the judgment of Delih High Court in Sushil Bansal v. Pr. CIT [ITA No. 601/2019, dt. 10-7-2019] : 2019 TaxPub(DT) 5812 (Del-HC), whereby the High Court held that the AO had taken pains to summon the father-in-law of the assessee and record his statement, but statement made by the assessee's father-in-law was not helpful in explaining the source of payment of capitation fees, thus, the AO was justified in adding payment of capitation fees to the assessee's income. Held: The Supreme Court dismissed the SLP.
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