2013 (7) TMI 287

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..... the order of the Income-tax Appellate Tribunal, Chennai "A" Bench, dated December 19, 2003, in IT (SS) A No. 13/Mds/96 raising the following substantial questions of law : "1. Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was right in quashing the block assessment made on the assessee on the ground that the assessment has not been made on the basis .....

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..... ed the additions that the assessee had undisclosed income. Even in respect of the jewellery seized, the assessee contended that the same belonged to the family. The Assessing Officer pointed out that the assessee had furnished explanation in respect of 415 grams of gold jewellery as against the seizure of 441 grams. In respect of 26 grams, the assessee pointed out that the same related to his daug .....

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..... of the facts thus available, the Tribunal held that, on the very basis on which the assessment so framed not being available, the entire assessment could not be sustained and accordingly allowed the assessee's appeal. A perusal of the order of the Tribunal in detail and going by the findings recorded therein, we have no hesitation in confirming the order of the Tribunal. Accordingly, the tax cas .....

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