9911796707
TMI Blog1991 (2) TMI 59X X X X Extracts X X X X X X X X Extracts X X X X ..... the petitioner seeks to have the following seven questions referred to this court : " 1. Whether the Tribunal was legally correct in upholding the addition to the income of the assessee-firm, Rs. 1,16,500, in the absence of any finding or evidence to the effect that the cigarettes of the 'Sales Promotion Free Scheme' had actually been sold away by the assessee-firm ? 2. Whether the finding of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 'failed to inspire the least degree of confidence' even though on the basis of this very statement, they have accepted that the cigarettes under consideration have been entered in the stock register to uphold the addition of Rs. 1,16,500 ? 5. Whether, on the facts and in the circumstances of the case, the Tribunal is legally justified in not placing reliance on the statement on oath of Mr. B. K. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ertain to one single issue, namely, whether the cigarettes of a value of Rs. 1,16,500 said to have been distributed free in pursuance of the "Sales Promotion' Free Scheme", were actually so distributed free or whether they were sold by the assessee-firm. All the authorities have recorded a concurrent finding of fact that they were really and actually sold. No reasons have been shown to us as to ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
