https://www.taxtmi.com/caselaws?id=345798 The Tribunal partly allowed the revenue's appeal, upholding the CIT(A)'s decision on certain points but remanding the issue of the cost of construction and the unexplained Rs. 25 lakhs back to the CIT(A) for further verification. The Tribunal emphasized the need for actual cost verification and proper examination of the sources of funds. The order was pronounced on 22/03/2017. en-us Wed, 22 Mar 2017 00:00:00 +0530 Thu, 27 Jul 2017 08:14:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345798 The Tribunal partly allowed the revenue's appeal, upholding the CIT(A)'s decision on certain points but remanding the issue of the cost of construction and the unexplained Rs. 25 lakhs back to the CIT(A) for further verification. The Tribunal emphasized the need for actual cost verification and proper examination of the sources of funds. The order was pronounced on 22/03/2017. Case-Laws Income Tax Wed, 22 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345798