TMI Blog2019 (7) TMI 546X X X X Extracts X X X X X X X X Extracts X X X X ..... ders of the accounts. Whereas, another finding of fact recorded by the Appellate Tribunal is that addition had been made by the AO by treating the amount deposited to the bank account owned by the brother of the assessee namely, Shri Samir Kumar as income of the assessee. None of the three questions proposed could be termed as the substantial questions of law. In our opinion, no error not to sp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... antial questions of law : ( A) Whether on the facts and circumstances of the case and in law, the Hon ble ITAT has erred in deleting the addition of ₹ 2,76,97,000/- made by the Assessing Officer? ( B) Whether on the facts and circumstances of the case and in law, the Hon ble ITAT has erred in deleting the addition of ₹ 8,64,267/- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rother Shri Samir Kumar as income of the assessee. In fact, the amount os ₹ 8,64,267/- was representing the maturity value of insurance policy of M/s.Baja Alliance Insurance standing in the name of appellant s brother Shri Samir Kumar therefore, the same was deposited to the account of assessee s brother and such amount cannot be treated as unexplained income of the assessee u/s. 69 of the A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g heard Ms. Kalpana Raval, the learned senior standing counsel appearing for the Revenue and having gone through the materials on record, we are of the view that none of the three questions proposed could be termed as the substantial questions of law. In our opinion, no error not to speak of any error of law could be said to have been committed by the Tribunal in passing the impugned order. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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