2026 (3) TMI 563

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....2.2006 passed by the Income Tax Officer, Ward-III(I), Deoghar, the order dated 14.03.2013 passed by the Commissioner of Income Tax (Appeals), Dhanbad and the order dated 04.11.2015 passed by the Income Tax Appellate Tribunal (ITAT), Ranchi Circuit Bench, Ranchi adding/confirming the addition of an amount of Rs.11,04,165/- to the appellant's retuned income. 3. Ms Darshana Poddar Mishra, learned counsel for the appellant, submitted that the impugned orders are non-speaking and ignore the oral as well as written submissions made on behalf of the appellant. She submitted that none of the material evidence, like copies of the ledger account, bills, evidence of payments through banking channels and receipts of the commission agents through who....

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....her under the facts and circumstances and in law the Tribunal is justified in solely relying on the reply sent by the two parties/customers without corroborative evidences and that too without allowing an opportunity to the Appellant to cross-examine the said parties/customers? 6. Mr Kumar Vaibhav, learned counsel for the respondent-Revenue, submitted that there are no substantial questions of law involved in this appeal and the matter relates exclusively to the appreciation of evidence. He submitted that there was overwhelming evidence on record, which the three authorities duly considered while recording concurrent findings of fact. He relied upon the reasoning in the impugned orders and submitted that this appeal may not be entertaine....

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....en submissions were filed in which several hypotheses were sought to be proposed. A reference was made to the nature of the business. Reference was also made to certain ledger accounts and the entries therein. All of this has been considered by the three authorities. The ledger mostly shows cash entries. As regards Demand Draft(s), the explanation furnished by the appellant was not found convincing. 12. The appellant bothered to lead no evidence, either by calling the customers or by producing creditworthy documents supporting the veracity of the transactions. Though the burden of initial proof was on the Revenue, the same was substantially discharged by the Revenue, and the onus shifted upon the appellant-assessee. The assessee, however....