TMI Blog2002 (6) TMI 28X X X X Extracts X X X X X X X X Extracts X X X X ..... is the undisclosed income of the appellant? - (b) Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal is right in confirming the addition of Rs.14,572.50 which was the appellant's savings as undisclosed income of the appellant? - (c) Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal is right in law in not deleti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ,500 received from R.S.K. Shanmugavel is the undisclosed income of the appellant? (b) Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal is right in confirming the addition of Rs.14,572.50 which was the appellant's savings as undisclosed income of the appellant? (c) Whether, on the facts and in the circumstances of the case, the Income-tax Appellate T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... k period of April 1, 1985 to July 26, 1995, the income of the assessee was below the tax limits. Learned counsel further urged that the authorities have not given a specific finding as to which particular shares were purchased by which particular amount. In the absence of these findings, according to learned counsel, there was a clear breach of law. A few facts would be necessary to understand the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar as the second amount is concerned, there does not seem to be any dispute. However, in so far as Rs.1,12,500 and Rs.14,272 are concerned, those amounts have been disbelieved by all the authorities and have been treated as unexplained income. We have carefully gone through the orders. The contention of learned counsel that the Tribunal was bound to give a finding as to which particular amount w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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