https://www.taxtmi.com/caselaws?id=62101 An estimated addition for undisclosed income based on seizure of a few articles and an allegation of regular trading in smuggled goods was found unsustainable because the materials were insufficient to prove business activity. The seized articles could reasonably have been the assessee's personal belongings, and there was no adequate evidence linking the assessee individually to a concealed business or undisclosed earnings. On that evidentiary basis, the estimate of income was rejected and the addition was deleted. en-us Tue, 29 Nov 1977 00:00:00 +0530 Tue, 18 Jan 2011 11:14:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62101 An estimated addition for undisclosed income based on seizure of a few articles and an allegation of regular trading in smuggled goods was found unsustainable because the materials were insufficient to prove business activity. The seized articles could reasonably have been the assessee's personal belongings, and there was no adequate evidence linking the assessee individually to a concealed business or undisclosed earnings. On that evidentiary basis, the estimate of income was rejected and the addition was deleted. Case-Laws Income Tax Tue, 29 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62101