TMI Blog2013 (12) TMI 424X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax Appeal No. - 245 of 2008 - - - Dated:- 24-4-2012 - Hon'ble Ashok Bhushan And Hon'ble Prakash Krishna,JJ. For the Petitioner : A. N. Mahajan For the Respondent : S. D. Singh ORDER Challenging the order dated 31.10.2007 passed by the Income Tax Appellate Tribunal "A" Bench Lucknow in two connected appeals being appeal nos. I.T.A No.261/Luc/2005 and I.T.A No.262/Luc/2005, the pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of law have been framed: 1. Whether on the facts and circumstances of the case, the Hon'ble ITAT, was justified in law in confirming the order of the Ld.CIT(A) deleting the addition of Rs.3,96,604/- made by the A.O in respect of "other income" shown by the family members of the assessee without appreciating the facts of the case and material brought on record by the Assessing Officer. 2. Whet ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any independent source of income except the interest shown as having been received from the Bajaj Group which was not actual income of the family members of the assessee but was only an accommodation entry provided by the Bajaj Group. 5. Whether on the facts and circumstances of the case, the Hon'ble ITAT, was justified in law in confirming the order of the Ld.CIT(A) deleting the addition of Rs. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... submissions of the learned counsel for the appellant but it is difficult to agree with him. The Commissioner of Income Tax (Appeals) has sustained that part of the assessment order which is based on the account books and material found in the search and seizure operation. As regard the deletion of addition of Rs.3,96,604/- is concerned, it has been found that the said income has been disclosed ..... X X X X Extracts X X X X X X X X Extracts X X X X
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