https://www.taxtmi.com/caselaws?id=264562 The appellant's appeal was partly allowed for statistical purposes. The Tribunal emphasized the need to substantiate business expenses and provide clear evidence of investment sources to prevent income additions. The disallowed expenses for earning commission receipts were upheld due to lack of evidence proving business purposes. The addition towards investment in a private company was partly upheld, with the Tribunal remanding the issue for further verification of funding sources. en-us Wed, 02 Sep 2015 00:00:00 +0530 Mon, 28 Sep 2015 10:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264562 The appellant's appeal was partly allowed for statistical purposes. The Tribunal emphasized the need to substantiate business expenses and provide clear evidence of investment sources to prevent income additions. The disallowed expenses for earning commission receipts were upheld due to lack of evidence proving business purposes. The addition towards investment in a private company was partly upheld, with the Tribunal remanding the issue for further verification of funding sources. Case-Laws Income Tax Wed, 02 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264562