https://www.taxtmi.com/caselaws?id=67646 The Tribunal held that the addition of Rs. 72,88,982 as unexplained investment under Section 69 of the IT Act was deleted as the seized documents reflected loans raised through brokers, not unexplained investments. The Tribunal found that the Department failed to prove that the credits were the assessee's income. Regarding the addition of Rs. 1,38,217 on account of stock discrepancy, the Tribunal directed the Assessing Officer to re-evaluate the stock shortage after considering the stock found at the partners' residences, instructing a fresh finding on the matter. en-us Fri, 29 Dec 2000 00:00:00 +0530 Sat, 12 Mar 2011 11:13:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67646 The Tribunal held that the addition of Rs. 72,88,982 as unexplained investment under Section 69 of the IT Act was deleted as the seized documents reflected loans raised through brokers, not unexplained investments. The Tribunal found that the Department failed to prove that the credits were the assessee's income. Regarding the addition of Rs. 1,38,217 on account of stock discrepancy, the Tribunal directed the Assessing Officer to re-evaluate the stock shortage after considering the stock found at the partners' residences, instructing a fresh finding on the matter. Case-Laws Income Tax Fri, 29 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67646