9911796707
TMI Blog1988 (8) TMI 145X X X X Extracts X X X X X X X X Extracts X X X X ..... 2. The facts of the case are identical. Hence, we consolidate the appeals for disposal by this common order. 3. In the assessment order for the asst. yr. 1980-81, the ITO made the addition in which he has briefly stated the facts of the case, which has already been dealt with by him in more detail in the asst. yr. 1981-82. In short, the ITO noticed cash credits of Rs. 10,000, Rs. 9,000 and Rs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... some people have been shown and confirmed purchasing of fishes from this lady. But the ITO found that the accounts maintained were not verifiable in the absence of any sort of supporting materials and that no bank accounts were maintained by the assessee. He also noted that the deposits were made in lumpsum on two different dates by the first two different dates by the first two ladies and on a si ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ose people did sell fish and milk to certain people and there were supporting material to support the claim and that it was not justified not proper for the ITO to say that the story was concocted one, moreover when the ITO himself has observed that little surplus might be available from the sale of milk or fishes. It was argued then that even such a situation how did the ITO contradict himself by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... horities below for our consideration, we are of the opinion that the findings given by the ITO have been properly considered and looked into by the CIT(A) who has given reasonably and a sound conclusion of facts. His order is sustained for both the years. Since, the order of the CIT(A) is quite proper and valid, no interference is called for. 6. In the result, the appeals by the Revenue are dism ..... X X X X Extracts X X X X X X X X Extracts X X X X
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