https://www.taxtmi.com/caselaws?id=394280 The ITAT ruled in favor of the assessee, deleting additions of &8377; 7,00,000 and &8377; 4,08,000 for unexplained land investment and cash deposit in lender's account, respectively, due to lack of substantiation. However, the addition of &8377; 3,24,000 for low household expense drawings was confirmed as reasonable. The appeal was partially allowed for statistical purposes. Judgment was pronounced on August 22, 2019. en-us Thu, 22 Aug 2019 00:00:00 +0530 Tue, 07 Apr 2020 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394280 The ITAT ruled in favor of the assessee, deleting additions of &8377; 7,00,000 and &8377; 4,08,000 for unexplained land investment and cash deposit in lender's account, respectively, due to lack of substantiation. However, the addition of &8377; 3,24,000 for low household expense drawings was confirmed as reasonable. The appeal was partially allowed for statistical purposes. Judgment was pronounced on August 22, 2019. Case-Laws Income Tax Thu, 22 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394280