https://www.taxtmi.com/caselaws?id=219560 The Court upheld the Tribunal's decision to add Rs.1,10,896 as income earned through accommodation entries due to lack of substantiating evidence. The reopening of assessment proceedings under Section 147 was deemed justified as income had escaped assessment. The Court found the additions made were supported by inadequate evidence and that the lower authorities did not overlook the evidence provided by the assessee. The Court dismissed the appeal, affirming the Tribunal's order and concluding that no substantial legal question arose. en-us Wed, 05 Dec 2012 00:00:00 +0530 Tue, 21 Jul 2026 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219560 The Court upheld the Tribunal's decision to add Rs.1,10,896 as income earned through accommodation entries due to lack of substantiating evidence. The reopening of assessment proceedings under Section 147 was deemed justified as income had escaped assessment. The Court found the additions made were supported by inadequate evidence and that the lower authorities did not overlook the evidence provided by the assessee. The Court dismissed the appeal, affirming the Tribunal's order and concluding that no substantial legal question arose. Case-Laws Income Tax Wed, 05 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219560