https://www.taxtmi.com/caselaws?id=65134 An addition for unexplained investment was not sustainable where the amount of Rs. 7,481 was only the opening capital brought forward from the earlier year and not fresh investment during the relevant year. The further sum of Rs. 500 could not be treated as unexplained because the assessee's drawings exceeded that amount, fully covering the capital introduced. On that factual basis, the inference of unexplained investment failed and the addition was deleted. en-us Tue, 01 Jun 1982 00:00:00 +0530 Sat, 12 Feb 2011 14:53:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65134 An addition for unexplained investment was not sustainable where the amount of Rs. 7,481 was only the opening capital brought forward from the earlier year and not fresh investment during the relevant year. The further sum of Rs. 500 could not be treated as unexplained because the assessee's drawings exceeded that amount, fully covering the capital introduced. On that factual basis, the inference of unexplained investment failed and the addition was deleted. Case-Laws Income Tax Tue, 01 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65134