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2002 (4) TMI 9 - HC - Income TaxAdditions on account of alleged unexplained investment in the money-lending business - Before the Income-tax Appellate Tribunal, it was contended that the Assessing Officer has committed error in taking the debit side only, he could take into account the peak credit. This contention was accepted and worked out the peak credit of Rs. 48,000 out of the addition of Rs. 78,000 made by the Assessing Officer. Thus, the Tribunal sustained the addition only to the extent of peak credit of Rs. 48,000 - Held that no referable question arises from the order of the Tribunal – Revenue’s appeal is dismissed
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