https://www.taxtmi.com/caselaws?id=68391 The appeal by the revenue was partly allowed. The addition of Rs. 5,98,440 was partially upheld, with the income related to the two vehicles owned by the assessee being assessable, while the income related to the three vehicles not owned by the assessee was deleted. The Third Member's decision provided a balanced resolution, taking into account the ownership of vehicles and the validity of the partners' statements. en-us Wed, 29 Jun 2005 00:00:00 +0530 Tue, 29 Mar 2011 16:47:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68391 The appeal by the revenue was partly allowed. The addition of Rs. 5,98,440 was partially upheld, with the income related to the two vehicles owned by the assessee being assessable, while the income related to the three vehicles not owned by the assessee was deleted. The Third Member's decision provided a balanced resolution, taking into account the ownership of vehicles and the validity of the partners' statements. Case-Laws Income Tax Wed, 29 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68391