https://www.taxtmi.com/caselaws?id=253486 The Court dismissed the revenue's appeals under section 260A of the Income Tax Act, 1961, regarding the addition of undisclosed income by the Assessing Officer. The Tribunal's decision to delete the addition of income from a partnership firm was upheld, as the assessee had filed returns before the search, indicating no intention to conceal income. The Court emphasized the importance of the assessee's actions before the search date in determining the status of the income as undisclosed, ultimately ruling in favor of the assessee and dismissing the revenue's appeals. en-us Tue, 14 Oct 2014 00:00:00 +0530 Wed, 26 Nov 2014 06:38:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253486 The Court dismissed the revenue's appeals under section 260A of the Income Tax Act, 1961, regarding the addition of undisclosed income by the Assessing Officer. The Tribunal's decision to delete the addition of income from a partnership firm was upheld, as the assessee had filed returns before the search, indicating no intention to conceal income. The Court emphasized the importance of the assessee's actions before the search date in determining the status of the income as undisclosed, ultimately ruling in favor of the assessee and dismissing the revenue's appeals. Case-Laws Income Tax Tue, 14 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253486