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2011 (1) TMI 786 - GUJARAT HIGH COURTCash credit - Whether the Appellate Tribunal is right in law and on facts in confirming the order passed by the CIT (A) deleting the addition of Rs.11,86,292/- made u/s.69 of the Act in respect of unaccounted www.lexpertsonline.com investment in stock of cloth under work-in-progress - the Tribunal, as well as the Commissioner (Appeals) after appreciation of the evidence on record, have recorded concurrent findings of fact and the conclusion arrived at by the Tribunal is based on such findings of fact. It is not the case of the revenue that the Tribunal has considered any irrelevant material or that any relevant material has been ignored. No evidence to the contrary is pointed out to dislodge the findings recorded by the Tribunal. In the circumstances, the impugned order insofar as the same relates to this ground of appeal, being based on findings of fact recorded by the Tribunal, does not give rise to any question of law.
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