https://www.taxtmi.com/caselaws?id=14510 The appeal under section 260A of the Income-tax Act, 1961 involved the interpretation of section 69 regarding unexplained investments. The Income-tax Appellate Tribunal upheld the deletion of an addition to the respondent's income based on unexplained investment in a property, emphasizing the lack of evidence supporting the Revenue's claim. The impounded diary of a property dealer was deemed insufficient to prove the higher investment amount alleged by the Revenue. The High Court dismissed the appeal, citing the consistent application of legal principles and lack of evidence to substantiate the additional investments claimed by the Revenue. en-us Tue, 31 Oct 2000 00:00:00 +0530 Thu, 16 Jul 2009 12:57:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14510 The appeal under section 260A of the Income-tax Act, 1961 involved the interpretation of section 69 regarding unexplained investments. The Income-tax Appellate Tribunal upheld the deletion of an addition to the respondent's income based on unexplained investment in a property, emphasizing the lack of evidence supporting the Revenue's claim. The impounded diary of a property dealer was deemed insufficient to prove the higher investment amount alleged by the Revenue. The High Court dismissed the appeal, citing the consistent application of legal principles and lack of evidence to substantiate the additional investments claimed by the Revenue. Case-Laws Income Tax Tue, 31 Oct 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14510