https://www.taxtmi.com/caselaws?id=60729 The Appellate Tribunal partially allowed the appeal, reducing the undisclosed income addition to Rs. 1,500. This decision was based on a revised estimation of the total investment in property alterations and additions, considering factors such as personal supervision, lack of contractor involvement, and absence of detailed furniture purchase information. The Tribunal noted the disparities highlighted by the Income Tax Officer and Income Tax Officer (Appeals) and estimated the total investment at Rs. 83,000, resulting in the reduced undisclosed income amount. en-us Fri, 27 Feb 1981 00:00:00 +0530 Fri, 07 Jan 2011 18:10:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60729 The Appellate Tribunal partially allowed the appeal, reducing the undisclosed income addition to Rs. 1,500. This decision was based on a revised estimation of the total investment in property alterations and additions, considering factors such as personal supervision, lack of contractor involvement, and absence of detailed furniture purchase information. The Tribunal noted the disparities highlighted by the Income Tax Officer and Income Tax Officer (Appeals) and estimated the total investment at Rs. 83,000, resulting in the reduced undisclosed income amount. Case-Laws Income Tax Fri, 27 Feb 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60729