https://www.taxtmi.com/caselaws?id=186117 The ITAT upheld the CIT(A)'s decisions in all three issues: deletion of addition of loans, marriage expenses, and unexplained investment in property. The ITAT found that the Assessing Officer failed to disprove the documents provided by the assessee and did not conduct further inquiry before rejecting explanations. The additions were deleted due to lack of evidence and failure to establish a basis for estimations. Consequently, the revenue's appeal was dismissed. en-us Fri, 30 Jul 2010 00:00:00 +0530 Wed, 07 Sep 2016 16:56:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186117 The ITAT upheld the CIT(A)'s decisions in all three issues: deletion of addition of loans, marriage expenses, and unexplained investment in property. The ITAT found that the Assessing Officer failed to disprove the documents provided by the assessee and did not conduct further inquiry before rejecting explanations. The additions were deleted due to lack of evidence and failure to establish a basis for estimations. Consequently, the revenue's appeal was dismissed. Case-Laws Income Tax Fri, 30 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186117