Unexplained Investments Not Justified if Declared in Wealth Tax or Settlement Commission, Belonging to Other Family. https://www.taxtmi.com/highlights?id=75407 Unexplained income and undisclosed interest - The tribunal held that, additions for unexplained investments cannot stand if the items in question are accounted for in wealth tax returns or declared to the Settlement Commission, and belong to other family members not directly implicated in the incriminating evidence. en-us Tue, 05 Mar 2024 15:03:49 +0530 Tue, 05 Mar 2024 15:03:49 +0530 TaxTMI RSS Generator Unexplained Investments Not Justified if Declared in Wealth Tax or Settlement Commission, Belonging to Other Family. https://www.taxtmi.com/highlights?id=75407 Unexplained income and undisclosed interest - The tribunal held that, additions for unexplained investments cannot stand if the items in question are accounted for in wealth tax returns or declared to the Settlement Commission, and belong to other family members not directly implicated in the incriminating evidence. Highlights Income Tax Tue, 05 Mar 2024 15:03:49 +0530 https://www.taxtmi.com/highlights?id=75407