https://www.taxtmi.com/caselaws?id=180534 The Tribunal upheld the CIT(A)'s decision regarding unexplained expenditure on sand purchases, emphasizing the lack of independent investigation by the assessing officer. The Tribunal partially allowed the Revenue's appeal on the adhoc addition of purchases, remanding the issue back to the AO for further examination due to insufficient verification by the CIT(A). The judgment stressed the importance of thorough investigation and consideration of evidence before making additions to income, highlighting the need for tax authorities to conduct independent inquiries. en-us Fri, 10 Apr 2015 00:00:00 +0530 Tue, 29 Mar 2016 10:48:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180534 The Tribunal upheld the CIT(A)'s decision regarding unexplained expenditure on sand purchases, emphasizing the lack of independent investigation by the assessing officer. The Tribunal partially allowed the Revenue's appeal on the adhoc addition of purchases, remanding the issue back to the AO for further examination due to insufficient verification by the CIT(A). The judgment stressed the importance of thorough investigation and consideration of evidence before making additions to income, highlighting the need for tax authorities to conduct independent inquiries. Case-Laws Income Tax Fri, 10 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180534