https://www.taxtmi.com/caselaws?id=178286 The Tribunal dismissed the appeals filed by the assessee, upholding the assessing officer's estimation of undisclosed income at 2% on accommodation turnover. The Tribunal found the officer's actions reasonable, considering the lack of evidence provided by the assessee to support a different rate of income estimation. The appeals were denied based on the Tribunal's acceptance of the assessing officer's findings and the CIT(A)'s decision, emphasizing the failure of the assessee to substantiate the income surrendered in various assessment years. en-us Fri, 30 Aug 2013 00:00:00 +0530 Tue, 29 Nov 2016 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178286 The Tribunal dismissed the appeals filed by the assessee, upholding the assessing officer's estimation of undisclosed income at 2% on accommodation turnover. The Tribunal found the officer's actions reasonable, considering the lack of evidence provided by the assessee to support a different rate of income estimation. The appeals were denied based on the Tribunal's acceptance of the assessing officer's findings and the CIT(A)'s decision, emphasizing the failure of the assessee to substantiate the income surrendered in various assessment years. Case-Laws Income Tax Fri, 30 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178286