https://www.taxtmi.com/caselaws?id=78511 The High Court allowed the appeal, setting aside the Tribunal's order and remitting the matter to the Income-tax Officer for fresh assessment based on the observations made in the judgment. The Court emphasized the importance of proving the consistency between the declared assets and the actual sale transactions to determine the tax liability accurately. en-us Mon, 22 Sep 2008 00:00:00 +0530 Tue, 23 Nov 2010 11:37:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78511 The High Court allowed the appeal, setting aside the Tribunal's order and remitting the matter to the Income-tax Officer for fresh assessment based on the observations made in the judgment. The Court emphasized the importance of proving the consistency between the declared assets and the actual sale transactions to determine the tax liability accurately. Case-Laws Income Tax Mon, 22 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78511