While allowing the appeal against the addition on account of unexplained money, the New Delhi ITAT held that if the assessee's contention is that it had turnover exceeding the limit u/s 44AD of the Income Tax Act, then CIT(A) ought to have acted in accordance with law.The Bench comprising of Kul Bharat (Judicial Member) observed that, “If the assessee's contention is that it had...