https://www.taxtmi.com/caselaws?id=61188 The Appellate Tribunal refused to refer a question of law to the High Court regarding the addition of Rs. 20,000 based on seized papers during search and seizure operations under section 132 of the Income Tax Act. The Tribunal disagreed with the CIT(A)'s decision, emphasizing the lack of conclusive evidence to support the addition and highlighting the burden of proof on the assessee in cases involving seized papers. Ultimately, the Tribunal reversed the CIT(A)'s decision and deleted the addition of Rs. 20,000 from undisclosed sources, citing precedents that findings of fact may not always warrant a reference to the High Court. en-us Tue, 25 May 1982 00:00:00 +0530 Tue, 11 Jan 2011 12:29:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61188 The Appellate Tribunal refused to refer a question of law to the High Court regarding the addition of Rs. 20,000 based on seized papers during search and seizure operations under section 132 of the Income Tax Act. The Tribunal disagreed with the CIT(A)'s decision, emphasizing the lack of conclusive evidence to support the addition and highlighting the burden of proof on the assessee in cases involving seized papers. Ultimately, the Tribunal reversed the CIT(A)'s decision and deleted the addition of Rs. 20,000 from undisclosed sources, citing precedents that findings of fact may not always warrant a reference to the High Court. Case-Laws Income Tax Tue, 25 May 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61188