https://www.taxtmi.com/caselaws?id=68134 The ITAT partially allowed the appeal, deleting the Rs. 1 lac addition for investment in the construction of a residential house, as evidence showed the wife owned the property and made the investment. However, the addition to business income was upheld due to the lack of maintained accounts and proper income estimation, leading to a sustained decision by the IT authorities. en-us Fri, 15 Oct 1993 00:00:00 +0530 Wed, 16 Mar 2011 18:32:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68134 The ITAT partially allowed the appeal, deleting the Rs. 1 lac addition for investment in the construction of a residential house, as evidence showed the wife owned the property and made the investment. However, the addition to business income was upheld due to the lack of maintained accounts and proper income estimation, leading to a sustained decision by the IT authorities. Case-Laws Income Tax Fri, 15 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68134