https://www.taxtmi.com/caselaws?id=71361 The Tribunal upheld the CIT(A)'s order, confirming the addition of Rs. 18,80,870 as undisclosed income and disallowing the set-off of losses for certain assessment years. The Tribunal found that the losses were determined from entries in seized books of accounts, which were incomplete but maintained in the normal course. Due to specific provisions of Section 158BB(1)(c)(A), these losses were added back to the total income. Consequently, the appeal by the assessee was dismissed. en-us Fri, 30 Mar 2007 00:00:00 +0530 Sat, 23 Apr 2011 09:45:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71361 The Tribunal upheld the CIT(A)'s order, confirming the addition of Rs. 18,80,870 as undisclosed income and disallowing the set-off of losses for certain assessment years. The Tribunal found that the losses were determined from entries in seized books of accounts, which were incomplete but maintained in the normal course. Due to specific provisions of Section 158BB(1)(c)(A), these losses were added back to the total income. Consequently, the appeal by the assessee was dismissed. Case-Laws Income Tax Fri, 30 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71361