1979 (10) TMI 115

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.... and skins. The assessment for 1963-64 was completed originally adopting the assessee's share income from the firm. In the case of the assessment proceedings for 1966-67 the ITO found that a house had been purchased in the name of Smt. Aysha Bibi, the assessee's wife expending a sum of Rs. 13,200. The assessee claimed that this purchase was financed out of amounts belonging to the wife but this wa....

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....peal. It is pointed out that the circumstances clearly indicated that the money did not belong to the lady but to the assessee. The income of the assessee included under s. 69 in his total income according to the ld. counsel was a clear case of concealment. 3. After hearing the learned counsel for the assessee we see no reason to interfere with the order of the AAC. It is true that in the asses....