https://www.taxtmi.com/caselaws?id=212428 The High Court upheld the lower authorities' decisions to deny a deduction claimed under section 36(1)(viii) of the Income Tax Act, 1961. The court found that the assessee failed to provide sufficient evidence to prove that funds were used for construction or purchase of residential houses as required by the section. Despite the assessee's arguments, the court agreed that the burden of proof lay with the assessee, and since the necessary conditions were not met and proper documentation was lacking, the deduction was disallowed. The court dismissed the appeals based on factual findings and failure to substantiate the claim. en-us Mon, 09 Jan 2012 00:00:00 +0530 Thu, 24 May 2012 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212428 The High Court upheld the lower authorities' decisions to deny a deduction claimed under section 36(1)(viii) of the Income Tax Act, 1961. The court found that the assessee failed to provide sufficient evidence to prove that funds were used for construction or purchase of residential houses as required by the section. Despite the assessee's arguments, the court agreed that the burden of proof lay with the assessee, and since the necessary conditions were not met and proper documentation was lacking, the deduction was disallowed. The court dismissed the appeals based on factual findings and failure to substantiate the claim. Case-Laws Income Tax Mon, 09 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212428