2009 (1) TMI 79

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..... duced by revenue to prove the contrary – moreover, additions are not relatable to any material found during search – hence, amount cannot be treated as undisclosed income for the purpose of making block assessment - 1913 of 2008 - - - Dated:- 5-1-2009 - K. RAVIRAJA PANDIAN AND P. P. S. JANARTHANA RAJA JJ. K. Subramaniam for the appellant. R. Sivaraman for the respondent. JUDGMENT .....

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..... 2. Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was right in ignoring the relevant facts found as a result of the search, like the non-maintenance of accounts for agricultural income by the assessee and the evidence found pertaining to the generation of unaccounted income in the assessee's family business ?" 2. The facts of the case are as follo .....

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..... the block period. The assessee carried the matter on appeal. The Commissioner of Income-tax (Appeals) agreed with the contention of the assessee that the addition was not relatable to any material found during the course of search, thereby deleted the addition. Aggrieved by that order, the Revenue filed an appeal before the Income-tax Appellate Tribunal, Chennai, and the Tribunal dismissed the ap .....

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