9911796707
TMI Blog2007 (1) TMI 152X X X X Extracts X X X X X X X X Extracts X X X X ..... dated April 24, 2006, passed by the Income-tax Appellate Tribunal in I.T.A. No. 1167/Chd./2004. The Tribunal has rejected the appeal of the Revenue and upheld the order of the Commissioner of Income-tax dated August 31, 2004, and had set aside the order of assessment dated March 26, 2001, made by the Assessing Officer by making addition of income to the tune of Rs. 48,000. The aforementioned amoun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tal income. The learned Assessing Officer made the assessment at an income of Rs. 1,96,335 on account of alleged unexplained payment made to the Estate Officer, UT Chandigarh towards instalment of SCO No. 42. The assessee made payment of Rs. 64,660 on February 15, 1997, and Rs. 80,000 on July 18, 1996, to the Estate Officer on account of instalment of SCO No. 42, Sector 26, Chandigarh. The learned ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot available at that time and Assessing Officer showed his inability to give more time being time-barring assessment. This fact was not disputed by the Revenue that this person was produced before the learned first appellate authority. As far as confirmation of gift from a relative Mrs. Hurmat w/o the assessee and his deceased son Sh. Anwar and daughter-in-law Mrs. Mumtaz, confirmations were fully ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of facts have been determined by the Tribunal by accepting the identity of Rattan Singh who had advanced loan of Rs. 64,660 to the assessee and other persons. We have heard learned counsel at some length and are of the view that no question of law warranting admission of the appeal would arise. Once the Tribunal has accepted the identity of the persons who have given loan to the assessee and the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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