1991 (3) TMI 46

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ation under section 256 (2) of the Income-tax Act, 1961, the assessee is seeking to refer the following five questions : "1. Whether, on the facts and circumstances of the case, the Tribunal is legally justified in upholding the additions of Rs. 2,07,023 towards the value of the jewellery, in the hands of the applicant under section 69A of the Income-tax Act ? 2. Whether, on the facts and in....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....stion No. 1 is concerned, it was not raised in the application under section 256(1) and moreover it is only a general question. It cannot, therefore, be referred. So far as questions Nos. 2, 3 and 5 are concerned, they relate to the same factual issue, namely, whether a particular jewellery found during the search of the assessee's premises under section 132 of the Act belonged to him or to a t....