https://www.taxtmi.com/caselaws?id=253199 The court upheld the Income Tax Appellate Tribunal's decision in dismissing the appeal. The sum of Rs. 17,00,000/- advanced to the sister concern was considered an unexplained investment under Section 69-B. The income from the new industrial unit was included in the block assessment as the deductions under Section 80 IA were not evidenced to have been claimed before the search date. The appellant's employment of workers did not meet the criteria under Section 80 IA, as only workers directly involved in the manufacturing process could be counted. en-us Wed, 05 Nov 2014 00:00:00 +0530 Tue, 18 Nov 2014 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253199 The court upheld the Income Tax Appellate Tribunal's decision in dismissing the appeal. The sum of Rs. 17,00,000/- advanced to the sister concern was considered an unexplained investment under Section 69-B. The income from the new industrial unit was included in the block assessment as the deductions under Section 80 IA were not evidenced to have been claimed before the search date. The appellant's employment of workers did not meet the criteria under Section 80 IA, as only workers directly involved in the manufacturing process could be counted. Case-Laws Income Tax Wed, 05 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253199