https://www.taxtmi.com/caselaws?id=68214 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal regarding the addition on account of unexplained investment in stock. The Tribunal partially allowed the assessee's ground in relation to the addition under Section 69B on account of unexplained investment in a ring, estimating the ring's value at Rs. 3,00,000. The Tribunal upheld the addition on account of trading addition due to unvouched purchases. The Tribunal partially allowed both the assessee's and the Department's appeals regarding the addition out of commission expenses. The levy of interest under Section 234B was deemed consequential, and the AO was directed to decide this in accordance with the law. The Tribunal provided partial relief to the assessee by modifying the addition on account of unexplained investment to Rs. 2,000. en-us Mon, 01 Sep 2003 00:00:00 +0530 Thu, 17 Mar 2011 16:51:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68214 The Tribunal dismissed the Revenue's appeal and allowed the assessee's appeal regarding the addition on account of unexplained investment in stock. The Tribunal partially allowed the assessee's ground in relation to the addition under Section 69B on account of unexplained investment in a ring, estimating the ring's value at Rs. 3,00,000. The Tribunal upheld the addition on account of trading addition due to unvouched purchases. The Tribunal partially allowed both the assessee's and the Department's appeals regarding the addition out of commission expenses. The levy of interest under Section 234B was deemed consequential, and the AO was directed to decide this in accordance with the law. The Tribunal provided partial relief to the assessee by modifying the addition on account of unexplained investment to Rs. 2,000. Case-Laws Income Tax Mon, 01 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68214