https://www.taxtmi.com/caselaws?id=335589 The Tribunal partly allowed the appeal in ITA No.1428/PN/2016, permitting the claim for the construction of a compound wall but disallowing other expenses. In ITA No.1429/PN/2016, the appeal was dismissed due to insufficient evidence supporting the availability of cash for development expenses. The judgments underscore the significance of providing credible evidence to support claims and the impact of inconsistencies in supporting documents and statements. en-us Fri, 18 Nov 2016 00:00:00 +0530 Mon, 05 Dec 2016 13:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335589 The Tribunal partly allowed the appeal in ITA No.1428/PN/2016, permitting the claim for the construction of a compound wall but disallowing other expenses. In ITA No.1429/PN/2016, the appeal was dismissed due to insufficient evidence supporting the availability of cash for development expenses. The judgments underscore the significance of providing credible evidence to support claims and the impact of inconsistencies in supporting documents and statements. Case-Laws Income Tax Fri, 18 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335589