https://www.taxtmi.com/caselaws?id=253248 The court upheld the reduction of the opening cash balance to Rs. 3,00,000, treated Rs. 85,000 received for remodeling the house as undisclosed income, and remanded the issue of bad debts for further consideration. The court answered substantial questions of law against the assessee and in favor of the revenue, dismissing one case and remanding another. en-us Thu, 11 Sep 2014 00:00:00 +0530 Thu, 13 Aug 2015 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253248 The court upheld the reduction of the opening cash balance to Rs. 3,00,000, treated Rs. 85,000 received for remodeling the house as undisclosed income, and remanded the issue of bad debts for further consideration. The court answered substantial questions of law against the assessee and in favor of the revenue, dismissing one case and remanding another. Case-Laws Income Tax Thu, 11 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253248