https://www.taxtmi.com/caselaws?id=272128 The Court upheld the Assessing Officer's decision to add Rs. 40.28 lakhs as 'suppression of cost of construction' despite the earlier disclosure of Rs. 39.20 lakhs invested outside the books. The Court deemed this addition justified, stating it did not lead to double taxation as the disclosed cost of construction already included the earlier amount. The appellant's argument against the additional sum was dismissed, and the Tax Appeal was denied. en-us Mon, 22 Feb 2016 00:00:00 +0530 Sat, 27 Feb 2016 09:11:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272128 The Court upheld the Assessing Officer's decision to add Rs. 40.28 lakhs as 'suppression of cost of construction' despite the earlier disclosure of Rs. 39.20 lakhs invested outside the books. The Court deemed this addition justified, stating it did not lead to double taxation as the disclosed cost of construction already included the earlier amount. The appellant's argument against the additional sum was dismissed, and the Tax Appeal was denied. Case-Laws Income Tax Mon, 22 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272128