2019 (9) TMI 1348

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ent 1. The appellant, in this appeal under Section 260A of Income Tax Act, 1961 questions the concurrent findings of fact rendered by the Lower Appellate Authorities which had endorsed the A.O's addition made in the course of search assessments under Section 153(A). 2. The assessee's premises-as well as those of others were searched on 12.10.2011. Certain incriminating documents were seized; th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....of the CIT's order) and the fact that Jagdish Panjwani was not the owner of the mines. It was also stated that the assessee too was not the owner of the mine, nor had he invested any amount and the inference drawn by the ITAT was, therefore, perverse and contrary to the facts. 4. At the outset, this Court is of the opinion that the A.O's decision endorsed by the lower appellate authorities is bas....