https://www.taxtmi.com/caselaws?id=343749 The Tribunal partially allowed the appeal by directing the re-computation of income at a lower profit margin for the IMFL business. However, the Tribunal upheld the treatment of the unexplained investment as part of the total income, as the assessee failed to provide sufficient evidence to support the claim. The judgment emphasized the importance of presenting clear and specific details to substantiate claims during income tax assessments and appeals. en-us Wed, 31 May 2017 00:00:00 +0530 Wed, 31 May 2017 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343749 The Tribunal partially allowed the appeal by directing the re-computation of income at a lower profit margin for the IMFL business. However, the Tribunal upheld the treatment of the unexplained investment as part of the total income, as the assessee failed to provide sufficient evidence to support the claim. The judgment emphasized the importance of presenting clear and specific details to substantiate claims during income tax assessments and appeals. Case-Laws Income Tax Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343749