https://www.taxtmi.com/caselaws?id=253518 The Appellate Tribunal disposed of two appeals of the same assessee arising from separate orders of ld. CIT(A)-I, Jaipur, for A.Ys. 2008-09 and 2009-10 by a common order. The Tribunal deleted the additions of Rs. 21,14,745 for land development expenses and Rs. 4,80,000 for the purchase of agricultural land, citing lack of evidence and incorrect application of tax provisions. The Tribunal dismissed the addition of Rs. 1,26,000 for unexplained investment due to insufficient proof. The telescoping effect was allowed against sustained additions, resulting in the partial allowance of both appeals. en-us Fri, 20 Sep 2013 00:00:00 +0530 Wed, 26 Nov 2014 18:11:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253518 The Appellate Tribunal disposed of two appeals of the same assessee arising from separate orders of ld. CIT(A)-I, Jaipur, for A.Ys. 2008-09 and 2009-10 by a common order. The Tribunal deleted the additions of Rs. 21,14,745 for land development expenses and Rs. 4,80,000 for the purchase of agricultural land, citing lack of evidence and incorrect application of tax provisions. The Tribunal dismissed the addition of Rs. 1,26,000 for unexplained investment due to insufficient proof. The telescoping effect was allowed against sustained additions, resulting in the partial allowance of both appeals. Case-Laws Income Tax Fri, 20 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253518