https://www.taxtmi.com/caselaws?id=66509 The Tribunal upheld most additions under Section 69 of the Income Tax Act, based on credible seized documents and lack of satisfactory explanations from the assessee. However, it reduced one addition from Rs. 25,000 to Rs. 5,000 for understatement of cotton yield and remanded another addition of Rs. 10,832 for verification on the payment source. en-us Fri, 29 Apr 1988 00:00:00 +0530 Sat, 26 Feb 2011 12:26:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66509 The Tribunal upheld most additions under Section 69 of the Income Tax Act, based on credible seized documents and lack of satisfactory explanations from the assessee. However, it reduced one addition from Rs. 25,000 to Rs. 5,000 for understatement of cotton yield and remanded another addition of Rs. 10,832 for verification on the payment source. Case-Laws Income Tax Fri, 29 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66509