2003 (4) TMI 55

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..... fore the Assessing Officer, the additions are made on account of sales, purchases and brokerages. Whether the sales, purchases and brokerages were genuine or not is basically a question of fact. In our view, the finding of fact is not perverse. The appeal stands dismissed.
Judge(s) : Y. R. MEENA., K. C. Sharma. JUDGMENT Heard learned counsel for the appellant. In this appeal, the following .....

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..... in the next year be regarded as unexplained under section 68 of the Act, 1961, particularly when the assessee discharged his burden by producing sufficient substantive evidences which the Revenue did not challenge? 3. Whether, on the facts and in the circumstances of the case, the learned Income-tax Appellate Tribunal was justified in making the disallowance of brokerage of Rs. 6,300 alleging th .....

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