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2013 (12) TMI 608 - HC - Income TaxGold biscuits found during search - Held that:- The two gold biscuits recovered from the locker of the assessee were not owned by Shri Ashok Kumar Varshney at the time of recording his statement while making declaration/surrender of undisclosed income - So far as the slip A-4 is concerned, the Income tax authorities recorded findings that the assessee has tried to get the benefit of that addition in his hands without sufficient evidence - The details recorded in the slip A-4 were the investment and not the actual quantity of gold, which was recovered from the locker of the assessee - There is no substantial question of law - Decided against the assessee.
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