https://www.taxtmi.com/caselaws?id=250991 The High Court upheld the Tribunal's decision to sustain the additions of Rs. 1,99,000/- and Rs. 49,750/-. The court found that the appellant-assessee failed to provide adequate documentation and evidence to refute the claims of unaccounted income from the sale of imported goods. The statements from Joginder Singh and G. Kapoor were deemed credible, and the appellant's failure to raise the issue of cross-examination earlier weakened their case. The court dismissed the appeal, affirming the decisions of the lower authorities. en-us Wed, 13 Aug 2014 00:00:00 +0530 Mon, 01 Sep 2014 08:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250991 The High Court upheld the Tribunal's decision to sustain the additions of Rs. 1,99,000/- and Rs. 49,750/-. The court found that the appellant-assessee failed to provide adequate documentation and evidence to refute the claims of unaccounted income from the sale of imported goods. The statements from Joginder Singh and G. Kapoor were deemed credible, and the appellant's failure to raise the issue of cross-examination earlier weakened their case. The court dismissed the appeal, affirming the decisions of the lower authorities. Case-Laws Income Tax Wed, 13 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250991