under section 139; or
(b) determined by the Assessing Officer includes any income
referred to in section 68, section 69, section 69A, section 69B,
section ... section 115BBE:
Provided that no penalty shall be levied in respect of income
referred to in section 68, section 69, section 69A, section 69B,
section
Whether the Tribunal was justified in
holding that Section 69B of the Income
Tax Act has no application to the facts of
the case ... market price on the date of
purchase. The Assessing Officer invoked Section 69B of the Act.
These details are mentioned and recorded in the assessment
case for addition of Rs.1,69,88,383 u/s
69B ."
6. The said findings have been affirmed by the tribunal after
recording ... Assessing Officer invoked Section 69B of the Act after
making reference to the 3CD report wherein unsecured loans of Rs.4.6
crores and repayment
Assessing Officer on account of unexplained
investment in property under Section 69B of
the Income Tax Act, 1961?
(ii) Whether the order passed ... share in this concern.
6. The aforesaid addition under Section 69B was deleted by the
first appellate authority, which view has been affirmed
reported in the Digest?
SANJIV KHANNA,J: (ORAL)
The present appeal under Section 260A of the Income Tax Act,
1961 impugns the order dated ... Assessing Officer made an addition of Rs.61,64,407/- under
Section 69B . He observed that at the time of the survey, the stock found
said clause stipulates that assessment under Section 143 includes
determination under Section 143(1) or Section 143(1B) . Thus, summary
assessments are also treated ... purpose
of Section 158BB. Sub-section (2) to Section 158BB states that provisions
of Section 68 , 69 , 69A, 69B and 69C shall apply and references
