https://www.taxtmi.com/caselaws?id=67956 The ITAT Jaipur held that an enhancement based on higher unaccounted sales and an additional unexplained investment addition could not stand where the record contained no evidence to support the Appellate Assistant Commissioner's estimate; the enhancement was therefore deleted as being founded on mere surmise. The original addition of Rs. 10,000 toward trading results was found reasonable on the facts and was sustained. The result was partial relief to the assessee, with the unsupported enhancement removed but the Income-tax Officer's addition maintained. en-us Thu, 27 Nov 1986 00:00:00 +0530 Tue, 15 Mar 2011 18:20:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67956 The ITAT Jaipur held that an enhancement based on higher unaccounted sales and an additional unexplained investment addition could not stand where the record contained no evidence to support the Appellate Assistant Commissioner's estimate; the enhancement was therefore deleted as being founded on mere surmise. The original addition of Rs. 10,000 toward trading results was found reasonable on the facts and was sustained. The result was partial relief to the assessee, with the unsupported enhancement removed but the Income-tax Officer's addition maintained. Case-Laws Income Tax Thu, 27 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67956