https://www.taxtmi.com/caselaws?id=336368 The Tribunal allowed the appeals in ITA Nos. 1195 & 1196/Hyd/2014 and partly allowed the appeal in ITA No. 1197/Hyd/2014. The addition of commission income for AY 2003-04 was deleted as it was correctly accounted for in AY 2008-09. The unexplained expenditure for the Sarpanch election in AY 2007-08 was found to be fully explained and received from third parties. The unexplained investment in house construction for AY 2008-09 was directed to be proportionately attributed to relevant years, with a rebate on CPWD rates and personal supervision. en-us Fri, 09 Dec 2016 00:00:00 +0530 Tue, 20 Dec 2016 10:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336368 The Tribunal allowed the appeals in ITA Nos. 1195 & 1196/Hyd/2014 and partly allowed the appeal in ITA No. 1197/Hyd/2014. The addition of commission income for AY 2003-04 was deleted as it was correctly accounted for in AY 2008-09. The unexplained expenditure for the Sarpanch election in AY 2007-08 was found to be fully explained and received from third parties. The unexplained investment in house construction for AY 2008-09 was directed to be proportionately attributed to relevant years, with a rebate on CPWD rates and personal supervision. Case-Laws Income Tax Fri, 09 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336368