https://www.taxtmi.com/caselaws?id=2892 The Court set aside both the Assessing Officer and Tribunal's orders, remanding the matter for the correct computation of undisclosed income. The Court emphasized the need for corroborative evidence beyond seized documents and highlighted the importance of considering actual receipts and tax payments. The appeals were disposed of accordingly, directing a reassessment by the Assessing Officer in compliance with the law. en-us Wed, 06 Oct 2004 00:00:00 +0530 Wed, 30 Jul 2008 13:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2892 The Court set aside both the Assessing Officer and Tribunal's orders, remanding the matter for the correct computation of undisclosed income. The Court emphasized the need for corroborative evidence beyond seized documents and highlighted the importance of considering actual receipts and tax payments. The appeals were disposed of accordingly, directing a reassessment by the Assessing Officer in compliance with the law. Case-Laws Income Tax Wed, 06 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2892