1994 (12) TMI 18

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... urt : "1. Whether the Income-tax Appellate Tribunal was correct in law in holding that the loss of damaged goods admittedly suffered by the assessee could not be allowed as deduction while working out the income from the business for the reasons given by the Commissioner of Income-tax (Appeals) who did not afford any opportunity to the appellant to explain the same and without dealing with the s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s question No. 3 is concerned, we find that the Tribunal has recorded a finding that "the appellant has not been able to prove his claim. The appellant has also not shown any agricultural income from his land. Before us, it has been claimed that there was adverse possession of the land by others and the land was in fact intended for agricultural purposes. In our view, the explanation cannot be acc .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X