1995 (4) TMI 49

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....t has been preferred by the Revenue, relevant to the assessment year 1985-86, seeking a direction to the Income-tax Appellate Tribunal to draw up a statement of the case and refer to this court six questions stated to be questions of law for its opinion : " Whether, on the facts and in the circumstances of the case, the Income-tax Appellate Tribunal was correct in : 1. holding that the addition ....

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....any plausible explanation regarding the stock statement giving also the item-wise rate and quantity of the closing stock for the relevant assessment year ? 5. placing instead the burden of proof wrongly on the Department by observing that no unaccounted sales or purchases had been brought on record ? 6. deleting another addition of Rs. 13,000 without assigning any reasons ? " Mr. Pandey, learne....