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2012 (7) TMI 539 - HC - Income TaxAddition on account of unaccounted income - Assessing Officer took into consideration the documents forwarded to him by the CBI and on that basis added certain incomes as unaccounted income – income belonged to assessee’s wife treated as income in the hands of the assessee - contention of the appellant that the assets for which wealth-tax already stood paid by his wife, Smt. Asha Bhatnagar, could not be the subject-matter of the additions – Held that:- statement on oath of Smt. Asha Bhatnagar has been repelled cursorily although she had in detail explained the circumstances under which she had made her savings ; her earning earned by tuition ; amounts received by her in terms of the will of her father-in-law enabling her to purchase the aforenoted properties as noted in group II in her own name - Tribunal has indulged in suspicions, conjectures and surmises and acted contrary to the evidence which position is judicially unsustainable - order set aside – In favor of assessee
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