9911796707
TMI Blog1987 (7) TMI 25X X X X Extracts X X X X X X X X Extracts X X X X ..... partners. We are concerned with the assessment year 1979-80. The assessee declared a total income of Rs. 68,690. The return was rejected. The Income-tax Officer took elaborate evidence and added a sum of Rs. 6,43,380 to the admitted income. In appeal, the Commissioner of Income-tax (Appeals) sustained the addition to the extent of Rs. 3.5 lakhs and deleted the balance. In the second appeal, the A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in para. 12 of the original petition and extracted hereinbelow, do arise out of the order of the Appellate Tribunal. Question No. 2 is only another facet of questions Nos. 1 and 3 and projects the arguments of the Revenue to contend that the estimate of income at Rs. 1,41,000 by the Appellate Tribunal is unjustified in law. Question No. 4 is an attack on the order passed by the Commissioner of Inc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ld be reasonable to determine the income of the assessee at Rs. 1,41,000 for this year " and is not the above finding unreasonable, unsupported by relevant materials and independent evidence and also unjustified ? " The original petition is disposed of as above. A copy of this judgment shall be forwarded to the Appellate Tribunal for information and compliance. - - TaxTMI - TMITax - Income ..... X X X X Extracts X X X X X X X X Extracts X X X X
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