https://www.taxtmi.com/caselaws?id=245573 The Appellate Tribunal set aside the CIT(A)'s deletion of additions for unexplained investments in plots, understatement of construction costs, rejection of book results, estimation of income, and addition on account of capital gains. The Tribunal upheld the CIT(A)'s allowance of deduction under Section 54F and noted that the admission of fresh evidence by the CIT(A) was done with due opportunity for examination. The appeal for the Assessment Year 2000-01 was allowed for statistical purposes, while the remaining appeals were dismissed, affirming the CIT(A)'s decisions on various grounds. en-us Tue, 27 Dec 2011 00:00:00 +0530 Tue, 04 Sep 2018 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245573 The Appellate Tribunal set aside the CIT(A)'s deletion of additions for unexplained investments in plots, understatement of construction costs, rejection of book results, estimation of income, and addition on account of capital gains. The Tribunal upheld the CIT(A)'s allowance of deduction under Section 54F and noted that the admission of fresh evidence by the CIT(A) was done with due opportunity for examination. The appeal for the Assessment Year 2000-01 was allowed for statistical purposes, while the remaining appeals were dismissed, affirming the CIT(A)'s decisions on various grounds. Case-Laws Income Tax Tue, 27 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245573