2003 (4) TMI 24

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..... facts and in the circumstances of the case and in view of the provisions of section 158BB read with the definition of undisclosed income as contained in section 158B(b) of the Act of 1961 the learned Income-tax Appellate Tribunal was justified in sustaining the addition under section 69C to the extent of Rs. 31,703 and Rs. 40,000 on estimated basis without appreciating that neither any material w .....

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..... f marriage of two sons. The fact is that during the block year, there was a grah pravesh, death of father and birth of grand daughters and no expenses have been shown on that account. Similarly, an addition of Rs. 40,000 has been made on the ground of marriage of two sons. The expenses on the marriage of two sons have been shown only Rs. 85,000 and 95,000. Considering the status of the family ref .....

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..... special occasions such as grah pravesh, death of father of the assessee, birth of grand daughters and also marriage expenditure has not been shown in the books of account or the expenditure has not been correctly disclosed, it is open to the Assessing Officer even in such cases, additions can be made on appreciation of facts and circumstances of that case. No interference is called for. The appea .....

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