https://www.taxtmi.com/caselaws?id=61631 The appeals involved issues concerning unexplained investment in property construction, adjustment of surrendered amounts, discrepancies in stock found during search, and determination of the cost of construction. The CIT(A) determined the unexplained investment at Rs. 8,92,669, and each co-owner's share at Rs. 85,146. The Tribunal allowed adjustment of surrendered amounts against the total investment, directed reconsideration of discrepancies in stock, and found the cost of construction adopted by the CIT(A) fair and reasonable. The Third Member agreed with the Vice President on all points, leading to further relief in estimating the cost of construction and adjustments in the case. en-us Wed, 07 Jan 2004 00:00:00 +0530 Thu, 13 Jan 2011 16:34:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61631 The appeals involved issues concerning unexplained investment in property construction, adjustment of surrendered amounts, discrepancies in stock found during search, and determination of the cost of construction. The CIT(A) determined the unexplained investment at Rs. 8,92,669, and each co-owner's share at Rs. 85,146. The Tribunal allowed adjustment of surrendered amounts against the total investment, directed reconsideration of discrepancies in stock, and found the cost of construction adopted by the CIT(A) fair and reasonable. The Third Member agreed with the Vice President on all points, leading to further relief in estimating the cost of construction and adjustments in the case. Case-Laws Income Tax Wed, 07 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61631