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TMI Blog1978 (7) TMI 135X X X X Extracts X X X X X X X X Extracts X X X X ..... hase of a truck during the year under appeal. To meet this investment the assessee claimed to have taken loan of Rs. 7,000 from his mother. In the absence of any source of income of the assessee's mother in the material time, the ITO disbelieved the statement of the assessee and assessed the amount of Rs. 7,000 as his unexplained income for the year under consideration. 3. On appeal before the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... verything was done by his brother, and as such the gap between the amount withdrawn from the bank and that was utilised by the assessee for investment could not be explained by the assessee. He contended that the amount withdrawn by the assessee' s mother was not found to have been invested elsewhere. He asserted that the assessee being a government servant could not have earned any income other t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Rs. 7,000 as assessee's unexplained income. 6. We have considered the facts of the case. There was no dispute about withdrawal of Rs. 7,000 by the assessee's mother from her bank account on 7th Sept., 70. The assessee's mother also confirmed having advanced Rs. 7,000 to his son for purchase of truck on 2nd, May, 72. Therefore, the only question left for our consideration is whether it was prob ..... X X X X Extracts X X X X X X X X Extracts X X X X
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