https://www.taxtmi.com/caselaws?id=795442 Jantri valuation alone cannot support an addition for unexplained expenditure where no survey material or other evidence establishes expenditure outside the books; deletion of the addition was upheld. Housing-project deduction was allowable because part-completion and final completion certificates were issued and no contrary material established non-compliance with statutory conditions. Income disclosed during survey qualified as business income eligible for that deduction because the assessee conducted only construction business and no evidence linked the disclosure to another source. Concurrent factual findings supported by the record raised no substantial question of law. en-us Thu, 02 Jul 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795442 Jantri valuation alone cannot support an addition for unexplained expenditure where no survey material or other evidence establishes expenditure outside the books; deletion of the addition was upheld. Housing-project deduction was allowable because part-completion and final completion certificates were issued and no contrary material established non-compliance with statutory conditions. Income disclosed during survey qualified as business income eligible for that deduction because the assessee conducted only construction business and no evidence linked the disclosure to another source. Concurrent factual findings supported by the record raised no substantial question of law. Case-Laws Income Tax Thu, 02 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795442