https://www.taxtmi.com/caselaws?id=64969 The Tribunal dismissed the revenue's appeal and allowed the assessee's cross-objection, finding that the CIT (Appeals) correctly reduced the construction cost after discrepancies were found in the Departmental Valuation Officer's report. The Tribunal emphasized the lack of specific defects in the assessee's books of account and concluded that no addition for unexplained investment was warranted. en-us Mon, 01 Jun 1992 00:00:00 +0530 Fri, 11 Feb 2011 13:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64969 The Tribunal dismissed the revenue's appeal and allowed the assessee's cross-objection, finding that the CIT (Appeals) correctly reduced the construction cost after discrepancies were found in the Departmental Valuation Officer's report. The Tribunal emphasized the lack of specific defects in the assessee's books of account and concluded that no addition for unexplained investment was warranted. Case-Laws Income Tax Mon, 01 Jun 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64969