https://www.taxtmi.com/caselaws?id=427976 The Tribunal partially allowed the appeal, restricting the addition made by the CIT(A) to Rs. 1,81,700/-, as the correct figure of Rs. 9,08,300/- was accepted as the source of investment in the house property. The Tribunal found the CIT(A)'s decision to be unjustified, considering the appellant's claim of realization from closing stock and debtors. The appellant's balance-sheet was deemed supported by the Tribunal, contrary to the Departmental Representative's argument that it lacked a proper basis. en-us Thu, 28 Jul 2022 00:00:00 +0530 Wed, 21 Sep 2022 07:40:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427976 The Tribunal partially allowed the appeal, restricting the addition made by the CIT(A) to Rs. 1,81,700/-, as the correct figure of Rs. 9,08,300/- was accepted as the source of investment in the house property. The Tribunal found the CIT(A)'s decision to be unjustified, considering the appellant's claim of realization from closing stock and debtors. The appellant's balance-sheet was deemed supported by the Tribunal, contrary to the Departmental Representative's argument that it lacked a proper basis. Case-Laws Income Tax Thu, 28 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427976