https://www.taxtmi.com/caselaws?id=235044 The High Court overturned the Tribunal's decision in a tax case, ruling that the assessee failed to adequately prove the source of investment and discrepancies existed in the son-in-law's transactions. The Court found insufficient evidence supporting the claimed source of funds, leading to the allowance of the Tax Case Appeal and confirming the Assessing Officer's order while disallowing the Tribunal's decision to set aside the assessment. en-us Mon, 17 Jun 2013 00:00:00 +0530 Tue, 09 Jul 2013 09:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235044 The High Court overturned the Tribunal's decision in a tax case, ruling that the assessee failed to adequately prove the source of investment and discrepancies existed in the son-in-law's transactions. The Court found insufficient evidence supporting the claimed source of funds, leading to the allowance of the Tax Case Appeal and confirming the Assessing Officer's order while disallowing the Tribunal's decision to set aside the assessment. Case-Laws Income Tax Mon, 17 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235044