https://www.taxtmi.com/caselaws?id=220346 The High Court dismissed the appeal, upholding the Tribunal's decision to scale down additions to income tax assessments. The deletions of various additions were justified due to lack of clear evidence and proper documentation. The Court found that the revenue failed to establish undisclosed income, and the application of Section 292C did not benefit the revenue. en-us Wed, 12 Sep 2012 00:00:00 +0530 Mon, 21 Jan 2013 08:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220346 The High Court dismissed the appeal, upholding the Tribunal's decision to scale down additions to income tax assessments. The deletions of various additions were justified due to lack of clear evidence and proper documentation. The Court found that the revenue failed to establish undisclosed income, and the application of Section 292C did not benefit the revenue. Case-Laws Income Tax Wed, 12 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220346