https://www.taxtmi.com/caselaws?id=469760 Estimated addition towards household expenses cannot be sustained without verifiable material supporting the higher figure. The Tribunal noted that family expenditure depends on the standard of living and cannot be disallowed on conjecture alone. As the record contained no factual basis to justify replacing the assessee's declared withdrawals with an estimate, the addition was deleted in favour of the assessee. en-us Mon, 10 Mar 2025 00:00:00 +0530 Thu, 02 Jul 2026 20:38:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469760 Estimated addition towards household expenses cannot be sustained without verifiable material supporting the higher figure. The Tribunal noted that family expenditure depends on the standard of living and cannot be disallowed on conjecture alone. As the record contained no factual basis to justify replacing the assessee's declared withdrawals with an estimate, the addition was deleted in favour of the assessee. Case-Laws Income Tax Mon, 10 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469760