https://www.taxtmi.com/caselaws?id=68410 The Appellate Tribunal ITAT JODHPUR dismissed the Department's appeal and the assessee's cross-objection regarding the addition in the cost of construction invested by the assessee. The Tribunal found that the cost of investment in the factory building was properly accounted for in the books of account, and the AO did not object to the investment details provided by the assessee. Relying on previous decisions of the Hon'ble Rajasthan High Court, the Tribunal ruled in favor of the assessee, citing precedents like CIT vs. Pratapsingh Amrosingh Rajendra Singh and CIT vs. Hotel Joshi. en-us Mon, 03 Jan 2005 00:00:00 +0530 Tue, 29 Mar 2011 17:59:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68410 The Appellate Tribunal ITAT JODHPUR dismissed the Department's appeal and the assessee's cross-objection regarding the addition in the cost of construction invested by the assessee. The Tribunal found that the cost of investment in the factory building was properly accounted for in the books of account, and the AO did not object to the investment details provided by the assessee. Relying on previous decisions of the Hon'ble Rajasthan High Court, the Tribunal ruled in favor of the assessee, citing precedents like CIT vs. Pratapsingh Amrosingh Rajendra Singh and CIT vs. Hotel Joshi. Case-Laws Income Tax Mon, 03 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68410