TMI Blog2015 (7) TMI 11X X X X Extracts X X X X X X X X Extracts X X X X ..... horities. Such being the case, we cannot find fault with the Tribunal in having confirmed the findings of the lower authorities. There is absolutely no explanation regarding his failure in producing the documents before the Assessing Officer. That apart he also has not adduced any evidence at any stage of proceedings. He also did not adduce any evidence regarding the contributions that are allegedly received by him from the other persons who are stated to be the co-owners. Such being the case, the Tribunal's order confirming this order also does not merit any interference. So far as the assessment year 2006-2007 Not only that the details which were allegedly in the possession of the Assessing Officer and which is mentioned in the ass ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... im, for the development of the Daivasthanam, amounts were collected from the general public and the amounts found in deposits were such collected amounts. This was also sought to be substantiated by relying on the receipt and payment account prepared by a Chartered Accountant which was produced by the assessee for the first time before the Tribunal. However the authorities including the Tribunal have concurrently rejected the case of the assessee on the ground that the assessee could not produce any documents substantiating the claims and in fact the Tribunal has also entered a finding that the assertions made by the assessee before the Tribunal were contrary to his own case before the lower authorities. Such being the case, we cannot find ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... perty, it is submitted that we are not in position to understand how you have arrived at a total investment amount of ₹ 1514200. There is no investment in my individual capacity to the tune of ₹ 1514200. However the investment made during the year under consideration is detailed in annexure I enclosed. I do not understand what are the document comprised off get the total investment of ₹ 1514200 as alleged. The details may be made available to me so as to explain the same. The details of investments made by my family members are detailed in annexure I and copy of document refered are enclosed. 5. Not only that the details which were allegedly in the possession of the Assessing Officer and which is mentioned in the a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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