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2017 (8) TMI 927 - KARNATAKA HIGH COURTUnexplained money u/s 69A - Held that:- Tribunal while taking into consideration reference to the documents available, has taken note of the cash withdrawal to the extent of ₹ 1,35,000/- on 02nd April 2008 and 29th March 2008. In that view, the relief to such extent insofar as cash deposits out of ₹ 19,57,370/- was accepted and for the balance it was held that no source was explained by the appellant. The benefit relating to the interest as received and in that regard the benefit of ₹ 5,90,000/- was granted by accepting the second ground which had been raised before it. Therefore, in that background, a perusal of the appeal papers would indicate that insofar as the explanation that was sought to be put forth with regard to the cash deposits and the benefit claimed towards the interest, the Tribunal has considered the available records and on rendering a factual finding, has partially granted the benefit. In the absence of any other document placed before us, a different conclusion on facts, in any event, cannot be reached by us. Neither the fact finding as recorded by the Tribunal calls for interference in this appeal nor does the appeal raise any question of law for consideration.
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