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TMI Blog2013 (10) TMI 935X X X X Extracts X X X X X X X X Extracts X X X X ..... l,D. Awasthi,G. Krishna,P.Krishna,R.K. Upadhyay ORDER Affidavit of service has been filed. We have heard Sri Shambhu Chopra for the appellant. These Income Tax Appeals under Section 260-A of the Income Tax Act, 1961 (the Act) are directed against the order dated 12.03.1999, passed by the Income Tax Appellate Tribunal, Allahabad Bench 'A', Allahabad in ITA No. 73 (Alld) of 1991 and ITA No. 182 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... -. This sum was also added to the assessee's income. The CIT (A) did not find any merit in assessee's main plea that the transactions contained in the seized papers related to his son Sri Sanjay Jaiswal. However, he felt that the estimated sale of Rs.40 lacs by AO was excessive. He considered it reasonable, to estimate the sale for the whole year, on the basis of transactions for 12 days recorded ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... khs over and above the relief of Rs.19 lacs allowed by CIT (A). These Appeals have been preferred on the following questions of law. "(1) Whether on the facts and in the circumstances of the case and the material available on record, the Income-tax Appellate Tribunal was correct in law in confirming the relief of Rs.19,00,000/- allowed to the assessee by the Commissioner of Income-tax (Appeals) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on record, the Income-tax Appellate Tribunal was correct in law in confirming the deletion, made by the Commissioner of Income-tax (Appeals) of an addition of Rs.3,00,000/- made by the Assessing Officer, being expenses for renovation of the House No.31/270, Lathi Mohal, Kanpur?" We have gone through the orders of AO, CIT (A) and ITAT, and find that the assessment of business income and estimatio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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