In the result appeal of the assessee for Assessment Years 2000-01 is
Bench: Hon'Ble Kul Bharat & Hon'Ble Manish Borad
1O,000/- are liable to be deleted. Relied on :- (1) A.C.I.T. vs. Raj Homes Pvt. Ltd. - 13 ITJ 658 p.p. 704 Ind. (2) A.C.I.T. vs. Shri Sharad Doshi - ITA no. 537/INDI 2015 dt. 23/12/16 Assessee has categorically stated at every stage that seized material does not belong to him. Revenue is not able to unearth any background with regard