TaxTMI 
TaxTMI 
1982 (9) TMI 125
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....he President of Liquor Contractors and is maintain a Fiat car and a telephone as well. It was claimed before the ITO that the telephone and the car are in the name of the assessee but these are being used by the association. No evidence could be produced before the ITO to support the contention. After examining the standard of living, size of the family and general rise in the prices of commodities, the withdrawal as shown by the assessee was considered to be low. The ITO therefore, estimated the household expenses at Rs. 15,000. Thus, Rs. 8,957 were added as income of the assessee from undisclosed sources. On appeal the AAC was of the view that the estimation made by the ITO was quite reasonable and the same was confirmed. Hence, this appe....
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....sible to the assessee accordingly. 5. The next point of appeal is regarding the charging of interest under ss. 139 and 217. The ground of appeal is that the AAC erred in holding that no appeal lies against the charging of interest under the above sections. In his order, the ITO directed to charge penal interest under the above sections. On appeal, the AAC noted that no appeal lies against the charging of interest under the above sections under the provisions of s. 246. It is submitted before us on behalf of the assessee that the AAC should have allowed the appeal of the assessee on this point as at any rate it would be a consequential to the order of the AAC in the quantum appeal. We have heard the Revenue as well. 6. Copy of the grounds ....