The burden of proving understatement or concealment is on the revenue

RELEVANT PARAGRAPH 8. We have considered the contention of the parties and the facts, evidences and the material on record where by the addition has been sustained by placing the reliance on the provisions of Sec. 69B of the Act whereby the relevant provisions are extracted herein below to deal with the controversy at “‘Where in any financial year the assessee has made investments or is found to be the owner of any bullion, jewellery or other valuable article, and the Assessing Officer finds that the amount expended on making such investments or in acquiring such bullion, jewellery...