2011 (12) TMI 172

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..... ndisclosed income. The Tribunal has also recorded that the partners are income tax assesses and the copies of balance sheet in the requisite details have been placed on record. The revenue authorities have not been able to rebut the correctness of such documents.- Decided against the Revenue. - I.T.A. No. 876 of 2010(O&M) - - - Dated:- 8-12-2011 - MR. JUSTICE HEMANT GUPTA, MR. JUSTICE G.S. S .....

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..... ip firm in the name of M/s. Varinder Singh Sadhu Ram and Company having 10% share. The Joint Director of Income Tax (Investigation), Amritsar received information that the assessee had contributions of Rs. 15.50 lacs from eight different individuals who were not living at the addresses given by the assessee, therefore, the Assessing Officer on the basis of such information has observed that this a .....

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