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2001 (11) TMI 14 - RAJASTHAN HIGH COURT"Whether, on the facts and in the circumstances of the case, the Income tax Appellate Tribunal is justified in holding that the stock statement submitted to the bank cannot be considered an authentic piece of evidence for making addition and thereby deleting the additions made for undisclosed investment in stock as well as consequential effect of sale?" The facts clearly show that the Tribunal on appreciation of evidence including the result of investigation and details contained in the form of statement of stock submitted to the bank, has reached a definite finding that the statement to the bank was a motivated one and it did not reflected the true position of the stock position but was rightly reflected in the books of account. - In that view of the matter, the finding reached by the Tribunal is a finding of fact which does not give rise to a question of law.
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