https://www.taxtmi.com/caselaws?id=181074 The Tribunal allowed the Revenue's appeal for statistical purposes, directing reassessment by the Assessing Officer on the addition of unexplained investment in stock and disallowance of interest. The Tribunal highlighted the need for considering market value, corroborative evidence, and stock valuation principles in reassessing the stock valuation issue. Additionally, the reassessment of interest allowance was directed based on loan purpose and stock valuation, emphasizing the interrelation between the two issues. en-us Thu, 14 Oct 2010 00:00:00 +0530 Wed, 06 Apr 2016 18:10:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181074 The Tribunal allowed the Revenue's appeal for statistical purposes, directing reassessment by the Assessing Officer on the addition of unexplained investment in stock and disallowance of interest. The Tribunal highlighted the need for considering market value, corroborative evidence, and stock valuation principles in reassessing the stock valuation issue. Additionally, the reassessment of interest allowance was directed based on loan purpose and stock valuation, emphasizing the interrelation between the two issues. Case-Laws Income Tax Thu, 14 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181074