1995 (12) TMI 60

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....61, requiring us to direct the Tribunal to refer the following question for the opinion of this court : " Whether the Tribunal is correct in law in holding that addition of Rs. 5,77,53,675 made on account of unexplained investment in purchase of silver for the work done allegedly on job was not justified irrespective of the fact that the assessee could not prove his claim by producing documenta....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....gs. Applying the rate of Rs. 6,000 per kg., addition of Rs. 5,71,93,482 was made against the assessee. When the dispute was carried to the Appellate Tribunal in appeal, the Tribunal found that the assessee was engaged only in the job work and all the vouchers issued by the assessee pertained to that activity. The Tribunal clearly stated in the order that in the past also, the assessee carried o....