https://www.taxtmi.com/caselaws?id=55813 Additions for unexplained investments were held unsustainable because the amounts were traced to the assessee firm's unrecorded receipts disclosed under a voluntary disclosure scheme and then distributed to the partners. The revenue material showed that the funds were available with the firm and had been withdrawn by the partners, so the same income could not be taxed again as unexplained investments in the assessee's hands. The additions for both assessment years were deleted. en-us Wed, 02 May 1979 00:00:00 +0530 Tue, 30 Nov 2010 12:42:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55813 Additions for unexplained investments were held unsustainable because the amounts were traced to the assessee firm's unrecorded receipts disclosed under a voluntary disclosure scheme and then distributed to the partners. The revenue material showed that the funds were available with the firm and had been withdrawn by the partners, so the same income could not be taxed again as unexplained investments in the assessee's hands. The additions for both assessment years were deleted. Case-Laws Income Tax Wed, 02 May 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55813