2017 (9) TMI 1713

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..... MR.JUSTICE AKIL KURESHI) 1. Revenue is in appeal against the judgement of the Income Tax Appellate Tribunal dated 17.10.2016 raising following questions for our consideration: "1. Whether the Appellate Tribunal erred in law and facts in deleting the addition made on account of unexplained investment in properties as per the diaries recovered when the identity of the property has been establishe .....

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..... papers represented assessee's cash transactions. This was thus purely a question of fact. No question of law therefore arises. 3. Second question pertains to deemed dividend under section 2(22)(e) of the Act. The Tribunal found that there was no material found during the survey relatable to this issue and therefore confirmed the view of the CIT(Appeals). In the result, tax appeal is dismiss .....

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