https://www.taxtmi.com/caselaws?id=56744 The Tribunal set aside the deletion of Rs. 25,000 added as unexplained income, emphasizing the burden of proof on the assessee and the application of Sections 68 and 69 of the Income Tax Act. The Tribunal rejected the claim regarding the non-existence of the exercise book, highlighting its detailed transactions and matching dates with the assessment year. It criticized the AAC for not properly considering legal provisions and burden of proof, ultimately allowing the Departmental appeal and remanding the matter for re-decision in line with legal principles. en-us Fri, 31 Aug 1984 00:00:00 +0530 Mon, 06 Dec 2010 15:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56744 The Tribunal set aside the deletion of Rs. 25,000 added as unexplained income, emphasizing the burden of proof on the assessee and the application of Sections 68 and 69 of the Income Tax Act. The Tribunal rejected the claim regarding the non-existence of the exercise book, highlighting its detailed transactions and matching dates with the assessment year. It criticized the AAC for not properly considering legal provisions and burden of proof, ultimately allowing the Departmental appeal and remanding the matter for re-decision in line with legal principles. Case-Laws Income Tax Fri, 31 Aug 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56744