2009 (12) TMI 553

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..... e questions raised for our decision relate to additions made in the block assessment, which though deleted by the first appellate authority, were restored by the Tribunal. Counsel contended that there was no justification for the Tribunal to sustain the addition of Rs. 5.85 lakhs which was assessed as unexplained investment made by the assessee in a firm. Even though the assessee tried to prove so .....

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..... e order of the Tribunal on this issue for our decision.   2. The next question also pertains to the addition of Rs. 1,43,660 for the year 1997-98. Even though the assessee contended that the time for filing return was not over as on the date of search, i.e., July 30, 1998, it is the finding of the Tribunal that there was no evidence to prove that income was accounted, which is the requiremen .....

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