1991 (3) TMI 119

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t on behalf of the assessee. In the circumstances, we requested Mr. Jetley, learned counsel for the Revenue, to take us through the order of the Tribunal and the relevant facts and material on record to satisfy ourselves as to whether the questions really required consideration. Both the Commissioner of Wealth-tax (Appeals) and the Tribunal, it is seen, accepted the assessee's explanation for his ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ed out that this was not the complete story. The assessee had suppressed certain facts. The assessee, it was pointed out, had purchased properties and made other investments approximately of the amount of Rs. 34 lakhs during the period from April, 1975, to March, 1983, and that if the assessee had any intention of discharging his obligation under section 15B, he could have easily discharged the sa....