https://www.taxtmi.com/caselaws?id=247075 The Tribunal partly allowed the appeal, upholding the deletion of the addition related to immovable properties but directing a reassessment of the issue concerning movable properties. The Tribunal found that the immovable properties were not acquired during the relevant assessment year, and no evidence was provided for the movable properties. The burden of proof was deemed to lie with the assessee, and the deletion was justified based on the lack of evidence for movable properties. en-us Thu, 17 Apr 2014 00:00:00 +0530 Thu, 01 May 2014 09:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247075 The Tribunal partly allowed the appeal, upholding the deletion of the addition related to immovable properties but directing a reassessment of the issue concerning movable properties. The Tribunal found that the immovable properties were not acquired during the relevant assessment year, and no evidence was provided for the movable properties. The burden of proof was deemed to lie with the assessee, and the deletion was justified based on the lack of evidence for movable properties. Case-Laws Income Tax Thu, 17 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247075