1984 (3) TMI 183

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..... two partners, Smt. Mannavanti Bhasin and Shri Chamanlal Bhasin respectively and the other ground is in respect of estimate of income of Rs. 5,000. 2. In respect of the second ground, the ld. counsel for the assessee did not address the Bench at the time of hearing and it seems it does not have any grievance regarding the estimate of business income but as to cash credits he vehemently argued tha .....

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..... ment by saying that it is for the assessee to have substantiated the deposits by producing the post office book and bank pass book etc., but again he was fair enough to admit that by further perusal of the order sheet it is found that the ITO had not required the assessee to do the same after the necessary details and explanation pertaining to the cash credits were filed. 4. The ld. counsel for t .....

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