https://www.taxtmi.com/caselaws?id=57148 The Tribunal partly allowed the assessee's appeal, setting aside various findings of the lower authorities regarding ownership of property, unexplained investment in property construction, addition to trading account, disallowance of telephone expenses, alleged smuggling business, unexplained cash credits, and investment in contraband goods. The Tribunal directed the Income Tax Officer to re-examine these issues thoroughly, considering the evidence and circumstances presented. The stay application was dismissed as infructuous. en-us Mon, 29 Dec 1980 00:00:00 +0530 Wed, 08 Dec 2010 16:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57148 The Tribunal partly allowed the assessee's appeal, setting aside various findings of the lower authorities regarding ownership of property, unexplained investment in property construction, addition to trading account, disallowance of telephone expenses, alleged smuggling business, unexplained cash credits, and investment in contraband goods. The Tribunal directed the Income Tax Officer to re-examine these issues thoroughly, considering the evidence and circumstances presented. The stay application was dismissed as infructuous. Case-Laws Income Tax Mon, 29 Dec 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57148