https://www.taxtmi.com/caselaws?id=56749 On the facts, the Tribunal accepted actual rent received as the basis for annual letting value of the let-out property and rejected the department's higher estimate. It also found that family withdrawals and agricultural income reasonably explained household expenditure, and that the same cash flow supported the explanation for investments and deposits. As the departmental material did not justify the additions, the unexplained household expense and unexplained investment adjustments were deleted and the assessment additions were not sustained. en-us Wed, 19 Sep 1984 00:00:00 +0530 Mon, 06 Dec 2010 15:47:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56749 On the facts, the Tribunal accepted actual rent received as the basis for annual letting value of the let-out property and rejected the department's higher estimate. It also found that family withdrawals and agricultural income reasonably explained household expenditure, and that the same cash flow supported the explanation for investments and deposits. As the departmental material did not justify the additions, the unexplained household expense and unexplained investment adjustments were deleted and the assessment additions were not sustained. Case-Laws Income Tax Wed, 19 Sep 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56749