https://www.taxtmi.com/caselaws?id=183699 The appeal filed by the assessee was partly allowed by the Tribunal at Bangalore. The disallowance of lorry repair expenses was deleted, directing the deduction of &8377;56,730. The Tribunal also directed the assessing authority to deduct &8377;1,44,218 from the computation of capital gains for outstanding balance payment. The disallowance of commission payment was deleted, allowing the deduction. The addition of &8377;8,75,000 under section 68 was confirmed with a rider to exclude opening balances. The addition of &8377;51,63,458 for unexplained investments was partly upheld, with directions to re-compute based on District Registrar's valuation. en-us Tue, 10 Aug 2010 00:00:00 +0530 Fri, 21 Apr 2017 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183699 The appeal filed by the assessee was partly allowed by the Tribunal at Bangalore. The disallowance of lorry repair expenses was deleted, directing the deduction of &8377;56,730. The Tribunal also directed the assessing authority to deduct &8377;1,44,218 from the computation of capital gains for outstanding balance payment. The disallowance of commission payment was deleted, allowing the deduction. The addition of &8377;8,75,000 under section 68 was confirmed with a rider to exclude opening balances. The addition of &8377;51,63,458 for unexplained investments was partly upheld, with directions to re-compute based on District Registrar's valuation. Case-Laws Income Tax Tue, 10 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183699