1991 (12) TMI 18

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..... e Revenue seeks a direction to the Tribunal to refer the following question of law for the opinion of this court : Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the value of the jewellery found at the time of the search cannot be added under section 69A of the Incometax Act and deleting the entire addition of Rs. 91,950 ? " We have care .....

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..... f the mother of the assessee to mention it in her will. The Tribunal, on the facts and circumstances of the case, had arrived at the conclusion that the explanation of the assessee is reasonable and acceptable and that, therefore, there was no justification for the addition of Rs. 91,950 under section 69A of the Income-tax Act. We are satisfied that no referable question of law arises out of the o .....

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