Taxpayer's Income Increased: No Evidence of Wife's Funded Investment, Says Commissioner of Income Tax (Appeals).

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Unaccounted investment - CIT(A) has given a categorical finding that the assessee has brought no evidence on record to show that investment was indeed made by his wife out of her funds because no funds are available with wife of the assessee. - additions confirmed - AT....