Unexplained capital Conribution by the partner cannot be added to Income of Partnership Firm

HIGH COURT OF ALLAHABAD Abhyudaya Pharmaceuticals versus Commissioner of Income-tax IT Appeal No. 60 of 2003 APRIL 20, 2012 JUDGMENT Prakash Krishna, J. The present appeal has been filed under section 260A of the Income Tax Act by the assessee relevant to the Assessment Year 1991-92 against the order dated 17.12.2002 passed by the Income Tax Appellate Tribunal, New Delhi in Appeal No. 2618/DEL/98 whereby the appeal which was filed by the assessee was dismissed by the Tribunal. 2. The background facts may be noticed in brief. The appellant is a registered partnership Firm const...