https://www.taxtmi.com/caselaws?id=326792 The Tribunal dismissed the revenue's appeal, allowed the assessee's appeal, and dismissed the cross-objection as infructuous. The Tribunal upheld the CIT(A)'s findings, noting that the income from liquor shops was already assessed in the hands of the AOP and that the unexplained investment was adequately explained. The Tribunal emphasized avoiding double taxation and ensuring that the income was assessed correctly. en-us Mon, 14 Mar 2016 00:00:00 +0530 Mon, 25 Apr 2016 12:00:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326792 The Tribunal dismissed the revenue's appeal, allowed the assessee's appeal, and dismissed the cross-objection as infructuous. The Tribunal upheld the CIT(A)'s findings, noting that the income from liquor shops was already assessed in the hands of the AOP and that the unexplained investment was adequately explained. The Tribunal emphasized avoiding double taxation and ensuring that the income was assessed correctly. Case-Laws Income Tax Mon, 14 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326792