https://www.taxtmi.com/caselaws?id=66772 The Tribunal set aside the Commissioner's order under Section 263, ruling that the Commissioner lacked valid jurisdiction. The investment of Rs. 3,21,551 was deemed adequately explained by the assessee, with supporting evidence accepted by the Tribunal. Consequently, the appeal was successful. en-us Wed, 27 Apr 1988 00:00:00 +0530 Mon, 07 Mar 2011 11:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66772 The Tribunal set aside the Commissioner's order under Section 263, ruling that the Commissioner lacked valid jurisdiction. The investment of Rs. 3,21,551 was deemed adequately explained by the assessee, with supporting evidence accepted by the Tribunal. Consequently, the appeal was successful. Case-Laws Income Tax Wed, 27 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66772