Held that the assessee has explained the amount spent for cost of construction of residential property was from out of salary savings. Addition was deleted. (AY.2007-08)
Anant Gurprasad v. ACIT (2021) 92 ITR 7 (SN) (Bang.)(Trib.)
S. 69 : Unexplained investments-Cost of construction of residential property-Amount spent from out of salary savings-Addition was held to be not justified.