https://www.taxtmi.com/caselaws?id=469288 Section 69 addition is not sustainable where the investment is recorded in the books and no contrary material shows an unexplained investment. Depreciation may be disallowed where supporting documents are not furnished and the purchase is not proved genuine, so the existence of the claimed assets is unverified. Interest on borrowings used to construct a property later let out remains deductible under section 24(b) where the proviso meant for self-occupied property does not apply and no double deduction is shown. en-us Tue, 04 Mar 2025 00:00:00 +0530 Fri, 12 Jun 2026 14:37:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469288 Section 69 addition is not sustainable where the investment is recorded in the books and no contrary material shows an unexplained investment. Depreciation may be disallowed where supporting documents are not furnished and the purchase is not proved genuine, so the existence of the claimed assets is unverified. Interest on borrowings used to construct a property later let out remains deductible under section 24(b) where the proviso meant for self-occupied property does not apply and no double deduction is shown. Case-Laws Income Tax Tue, 04 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469288