In Brief
The assessee, Basir Ahmed Sisodiya, challenged additions made by an Income Tax Officer under 'Trading Account' and 'Credits' in an assessment order. The appellate authority had accepted the assessee's explanation and found no concealment of income. Affidavits and statements from unregistered dealers supported the assessee's claims, undermining the officer's factual basis for the additions. The Supreme Court held that where evidence fully supports the assessee's claim and the appellate authority confirms no concealment occurred, the additions cannot be justified and must be set aside. The appeal was allowed.
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