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Issues involved: Appeal u/s 260A of the Income-tax Act, 1961 challenging additions made by the Assessing Officer under section 68 of the Act for the assessment year 1990-91.
Additions Made by Assessing Officer: - Disallowed claim of Rs.1,000 for expenses. - Addition of Rs.23,000 as income from undisclosed sources. - Another addition of Rs.35,000 u/s 68 of the Act. Appeal Process: - Assessee appealed to Commissioner of Income-tax (Appeals) who accepted Rs.1,000 expenses claim but confirmed remaining additions. - Second appeal to Income-tax Appellate Tribunal resulted in partial relief: Rs.15,000 out of Rs.23,000 accepted, Rs.35,000 addition dismissed. Arguments and Tribunal's Findings: - Assessee received loans from Smt. Gurdev Kaur and Mr. Amarjit Singh. - Tribunal found balance in Smt. Gurdev Kaur's account supported Rs.15,000 claim but upheld Rs.8,000 addition. - Regarding Amarjit Singh, Tribunal found the deposit of Rs.35,000 was not a genuine transaction, sustaining the addition. Court Decision: - Court satisfied that Tribunal's decision was based on evidence and no substantial question of law arose. - No grounds for interference u/s 260A of the Act found. - Appeal dismissed in limine.
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