https://www.taxtmi.com/caselaws?id=12252 The Tribunal's deletion of the addition for alleged undisclosed stock investment was sustained because it found, on the evidence, that the stock statement given to the bank was inflated only to obtain higher credit facilities, while the stock remained with the assessee and the bank had no physical control. The books of account were therefore accepted as correctly reflecting the stock position. As the conclusion rested on appreciation of evidence and a pure finding of fact, no substantial question of law arose. en-us Thu, 22 Nov 2001 00:00:00 +0530 Sat, 24 Sep 2016 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12252 The Tribunal's deletion of the addition for alleged undisclosed stock investment was sustained because it found, on the evidence, that the stock statement given to the bank was inflated only to obtain higher credit facilities, while the stock remained with the assessee and the bank had no physical control. The books of account were therefore accepted as correctly reflecting the stock position. As the conclusion rested on appreciation of evidence and a pure finding of fact, no substantial question of law arose. Case-Laws Income Tax Thu, 22 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12252