https://www.taxtmi.com/caselaws?id=55822 The appeals were filed challenging assessments for the years 1973-74 and 1974-75 due to improper investigation into property construction costs and additions made by the Income Tax Officer (ITO) based on alleged undisclosed income sources. The Commissioner of Income Tax (CIT) set aside the assessments, requiring proper investigation and reliability checks on the assessee's account books. The Tribunal directed the ITO to delete certain additions, citing the maintenance of detailed accounts supported by evidence. Ultimately, the Tribunal partially allowed the appeals, confirming or deleting additions based on the evidence and arguments presented. en-us Sat, 26 Apr 1980 00:00:00 +0530 Tue, 30 Nov 2010 12:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55822 The appeals were filed challenging assessments for the years 1973-74 and 1974-75 due to improper investigation into property construction costs and additions made by the Income Tax Officer (ITO) based on alleged undisclosed income sources. The Commissioner of Income Tax (CIT) set aside the assessments, requiring proper investigation and reliability checks on the assessee's account books. The Tribunal directed the ITO to delete certain additions, citing the maintenance of detailed accounts supported by evidence. Ultimately, the Tribunal partially allowed the appeals, confirming or deleting additions based on the evidence and arguments presented. Case-Laws Income Tax Sat, 26 Apr 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55822