The Commissioner of Income Tax vs. Shri Byru Venkateswarlu

Appeal is dismissed

Bench: RAMESH RANGANATHAN,M.SATYANARAYANA MURTHY

credit purchases in the name of the above persons. Accordingly, the investment in the alleged unproved purchases represented assessee’s own income from undisclosed sources. Such purchases amount of Rs.1,06,717/- represents assessee’s income from undisclosed sources.” 4. Counsel for the appellant has further contended that the CIT(A) while considered the case of the assessee has observed

The Commissioner of Income Tax -III vs. Sri T.C. Reddy

The appeal stands dismissed

unexplained credits and interest thereon for the assessment years 1978-79 and 1979-80, respectively.” 4.4 He also relied upon the decision of Supreme Court in Vijay Kumar Talwar vs. CIT (2011) 330 ITR 1 (SC) wherein Supreme Court held as under:- “21. A finding of fact may give rise to a substantial question of law, inter alia