https://www.taxtmi.com/caselaws?id=350006 The High Court set aside the impugned order concerning the addition of unexplained investment in property under Section 69C of the Income Tax Act for the assessment year 2005-2006. The Court remitted the matter for reconsideration due to discrepancies in evidence and reliance on a previous order that had been set aside. The importance of reliable evidence and proper verification in assessments was emphasized, highlighting the need for accurate and verified evidence in such cases. en-us Tue, 10 Oct 2017 00:00:00 +0530 Sat, 28 Oct 2017 08:19:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350006 The High Court set aside the impugned order concerning the addition of unexplained investment in property under Section 69C of the Income Tax Act for the assessment year 2005-2006. The Court remitted the matter for reconsideration due to discrepancies in evidence and reliance on a previous order that had been set aside. The importance of reliable evidence and proper verification in assessments was emphasized, highlighting the need for accurate and verified evidence in such cases. Case-Laws Income Tax Tue, 10 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350006