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2006 (6) TMI 87 - HC - Income TaxIncome from Unexplained Sources - assessee was in possession of unaccounted stock of gold in the form of gold bangles - source for the acquisition of the gold was not known or explained - No reliable documents such as a register under rule 16(3) of the Gold Control (Forms, etc.) Rules were kept or produced at the time of search - Since the assessee had not complied with the statutory requirement the burden was heavy on the assessee to show that the gold bangles do not belong to the assessee - Commissioner of Income-tax (Appeals) as well as the Tribunal, in our view wrongly cast the burden of proof on the Revenue - It is trite law that a person who is in possession of an article has to prove its source
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