https://www.taxtmi.com/caselaws?id=71153 The Tribunal allowed the appeal in favor of the assessee, deleting the addition of Rs. 40,000 as unexplained investment and directing the ITO to allow the deduction of Rs. 895 for municipal tax, correcting the initial error made by the AAC. The Tribunal considered the evidence provided by the assessee, including salary receipts, income tax payments, agricultural income certificates, and documents supporting the investment in house construction, concluding that the assessee could have made the investment from his own sources. en-us Fri, 16 Jun 1978 00:00:00 +0530 Thu, 21 Apr 2011 16:17:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71153 The Tribunal allowed the appeal in favor of the assessee, deleting the addition of Rs. 40,000 as unexplained investment and directing the ITO to allow the deduction of Rs. 895 for municipal tax, correcting the initial error made by the AAC. The Tribunal considered the evidence provided by the assessee, including salary receipts, income tax payments, agricultural income certificates, and documents supporting the investment in house construction, concluding that the assessee could have made the investment from his own sources. Case-Laws Income Tax Fri, 16 Jun 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71153