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2003 (5) TMI 17 - RAJASTHAN HIGH COURT
"1. Whether, Tribunal was justified in law in deleting the addition of Rs. 21.76 lakhs on account of unexplained share application money? 2. Whether, Tribunal was justified in law in deleting the addition of unsecured loan and interest paid thereon?" - A perusal of the aforesaid finding goes to show that the deletion has been made on appreciation of evidence, which was on record. Finding that there was existence of investors and their confirmation has been obtained, were found to be satisfactory. All these conclusions are conclusions of fact based on material on record and, therefore, cannot be said to be perverse so as to give rise to a question of law, which may be required to be considered in this appeal under section 260A – Revenue appeal dismissed