1989 (2) TMI 78

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... he first question is whether a sum of Rs. 28,000 which was assessed as income from undisclosed source was liable to be so assessed. According to the assessee, he had earned that amount from agriculture and it was thus exempt from the tax under the Income-tax Act. The concurrent findings of the tax authorities including the Income-tax Appellate Tribunal are that the assessee had failed to produce .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d question, the only controversy raised is whether the Income-tax Appellate Tribunal was justified in taking the view that 50% of the income from the sale of potatoes stored in the cold storage by the assessee was exempt as income from agriculture. The findings recorded by the Tribunal in that regard also are concluded by the findings of fact and in our opinion do not give rise to any question of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X