https://www.taxtmi.com/caselaws?id=462730 ITAT Hyderabad allowed the assessee's appeal, deleting the addition made for unexplained investment. The assessee consistently maintained that the amount belonged to HUF, supported by balance sheets and income computations for relevant assessment years. The tribunal found no contrary material evidence from Revenue to demonstrate that the HUF investment claim was false or incorrect, ruling that no addition for unexplained investment was warranted. en-us Mon, 29 Jun 2020 00:00:00 +0530 Fri, 11 Jul 2025 20:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462730 ITAT Hyderabad allowed the assessee's appeal, deleting the addition made for unexplained investment. The assessee consistently maintained that the amount belonged to HUF, supported by balance sheets and income computations for relevant assessment years. The tribunal found no contrary material evidence from Revenue to demonstrate that the HUF investment claim was false or incorrect, ruling that no addition for unexplained investment was warranted. Case-Laws Income Tax Mon, 29 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462730