2005 (8) TMI 105

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... passed by learned Members of the Income-tax Appellate Tribunal in ITA No. 494/IND./2004. The question that arises for consideration is: whether appeal involves any substantial question of law within the meaning of section 260A of the Income-tax Act so as to admit this appeal. Heard Shri A.P. Patankar, learned counsel for the appellant. Having heard learned counsel for the appellant and havi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t. It was a case of unexplained investment made by the assessee in her house which she had constructed. Since there was a difference of amount in two valuations and hence, the assessee was called upon to explain the amount which she actually spent and its source. The assessee explained and the same found acceptance by the Tribunal. Now, in this appeal, the Revenue says rather complains that the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X