Sujit Chakraborty v. UOI (2021) 433 ITR 57 (Tripura)(HC)

S. 69 : Unexplained investments-Gifts from relatives-Evidence not produced-Order of Tribunal is affirmed. [S. 254(1)]

Dismissing the appeal the Court held that the Tribunal an attempt was made to bring on record the so-called gift deeds by way of additional evidence. To bring additional evidence on record at the stage before the Tribunal, the concerned party had to demonstrate the reasons why it was not done earlier. The Tribunal found no justification in this respect. The entire issue was thus based on facts and not question of law arose. (AY.2015-16)