https://www.taxtmi.com/caselaws?id=67911 The Tribunal upheld the penalty imposed on the assessee for undisclosed income based on estimated household expenses, citing the lack of sufficient evidence or details provided by the assessee to justify the declared expenses. The decision was supported by relevant legal principles and previous judgments, leading to the dismissal of the appeal. en-us Thu, 06 Mar 1986 00:00:00 +0530 Tue, 15 Mar 2011 12:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67911 The Tribunal upheld the penalty imposed on the assessee for undisclosed income based on estimated household expenses, citing the lack of sufficient evidence or details provided by the assessee to justify the declared expenses. The decision was supported by relevant legal principles and previous judgments, leading to the dismissal of the appeal. Case-Laws Income Tax Thu, 06 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67911