https://www.taxtmi.com/caselaws?id=248730 The appeal against the order of Ld. CIT(A) dated 30-08-2010, involving the addition of Rs. 478750/- under section 69 of the Act for unexplained investment in a house property, was dismissed by ITAT. The assessee's failure to attend hearings and respond to notices resulted in adverse inferences. Despite multiple opportunities, the assessee did not provide explanations, leading to the affirmation of the addition. The ITAT upheld the lower authorities' decisions due to the assessee's non-appearance and lack of participation in the proceedings, ultimately confirming the addition under section 69 of the Act. en-us Fri, 30 May 2014 00:00:00 +0530 Mon, 23 Jun 2014 08:35:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248730 The appeal against the order of Ld. CIT(A) dated 30-08-2010, involving the addition of Rs. 478750/- under section 69 of the Act for unexplained investment in a house property, was dismissed by ITAT. The assessee's failure to attend hearings and respond to notices resulted in adverse inferences. Despite multiple opportunities, the assessee did not provide explanations, leading to the affirmation of the addition. The ITAT upheld the lower authorities' decisions due to the assessee's non-appearance and lack of participation in the proceedings, ultimately confirming the addition under section 69 of the Act. Case-Laws Income Tax Fri, 30 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248730