https://www.taxtmi.com/caselaws?id=62551 Evasive or incomplete replies on expenditure within the assessee's special knowledge can justify an adverse inference and a reasonable estimate of unexplained expenditure; the additions for the daughter's marriage and household were therefore sustained. For self-occupied house property, annual value must first be determined on an actual basis and only then can any statutory ceiling be applied; the matter was remitted for fresh computation. The note also reflects that supporting material and surrounding circumstances, including the wife's statement, may be used to test the reasonableness of the estimate, while low household withdrawals without rebuttal can support an addition. en-us Sat, 19 Nov 1994 00:00:00 +0530 Thu, 20 Jan 2011 13:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62551 Evasive or incomplete replies on expenditure within the assessee's special knowledge can justify an adverse inference and a reasonable estimate of unexplained expenditure; the additions for the daughter's marriage and household were therefore sustained. For self-occupied house property, annual value must first be determined on an actual basis and only then can any statutory ceiling be applied; the matter was remitted for fresh computation. The note also reflects that supporting material and surrounding circumstances, including the wife's statement, may be used to test the reasonableness of the estimate, while low household withdrawals without rebuttal can support an addition. Case-Laws Income Tax Sat, 19 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62551