1 IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR -------------------------------------------------------- INCOME TAX APPEAL No. 83 of 2008 C.I.T.AJMER V/S NARENDRA KUMAR Mr. KK BISSA, for the appellant / petitioner Date of Order : 2.7.2008 HON'BLE SHRI N P GUPTA,J. HON'BLE SHRI KISHAN SWAROOP CHAUDHARI,J. ORDER ----- Heard learned counsel for the appellant. In our view, the findings recorded by the learned Tribunal do not give rise to any substantial question of law. The Tribunal has found that there is no direct reason for coming to the conclusion, or for making belief by the Assessing Officer that income chargeable to tax has escaped assessment in the hands of assessee, rather it has been found that the above conclusion is based only on conjectures and surmises, and that there was no evidence in the possession of the Assessing Officer on the basis of which he could make out his opinion in the manner he has made. It is also not shown to us, as to how this finding is wrong, nor any materials have been shown to us, which existed on record, and which has been ignored by the learned Tribunal in arriving at the above conclusion. It is also significant to note, that the family members, who had applied for shares of the company, are 2 also assessees, they had filed returns, and those returns have been accepted by the Assessing Officer. This is a million dollar circumstance to additionally substantiate the correctness of the order of the learned Tribunal. The appeal thus, has no force, and is dismissed summarily. ( KISHAN SWAROOP CHAUDHARI ),J. ( N P GUPTA ),J. /tarun/