https://www.taxtmi.com/caselaws?id=403359 The appeal involved issues concerning the allowance of relief to the assessee without producing documentary evidence of legal ownership of land, disallowance of expenditure due to lack of corroborative evidence, reduction of cost without proper merit assessment, deemed unexplained expenditure, and admission of additional evidence before the Income Tax Appellate Tribunal. The decision emphasized the importance of due process, verification of additional evidence, and compliance with natural justice principles. The appeal of the Revenue was allowed for statistical purposes, stressing the significance of thorough consideration and adherence to legal procedures in tax matters. en-us Fri, 15 Jan 2021 00:00:00 +0530 Wed, 27 Jan 2021 14:44:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403359 The appeal involved issues concerning the allowance of relief to the assessee without producing documentary evidence of legal ownership of land, disallowance of expenditure due to lack of corroborative evidence, reduction of cost without proper merit assessment, deemed unexplained expenditure, and admission of additional evidence before the Income Tax Appellate Tribunal. The decision emphasized the importance of due process, verification of additional evidence, and compliance with natural justice principles. The appeal of the Revenue was allowed for statistical purposes, stressing the significance of thorough consideration and adherence to legal procedures in tax matters. Case-Laws Income Tax Fri, 15 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403359