https://www.taxtmi.com/caselaws?id=181924 Estimated additions for concealed income cannot be sustained on past history alone. The Orissa HC noted that the revenue relied only on alleged prior capital and the assessee's failure to file a wealth statement, but that material was not sufficiently connected to the relevant accounting years. For an inference of income from undisclosed sources, the revenue must first produce material relatable to the year in question; that initial burden does not shift merely because the assessee does not explain the disappearance of earlier capital. On that basis, the additions were held not legally sustainable. en-us Wed, 23 Jul 1952 00:00:00 +0530 Wed, 27 Apr 2016 18:21:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181924 Estimated additions for concealed income cannot be sustained on past history alone. The Orissa HC noted that the revenue relied only on alleged prior capital and the assessee's failure to file a wealth statement, but that material was not sufficiently connected to the relevant accounting years. For an inference of income from undisclosed sources, the revenue must first produce material relatable to the year in question; that initial burden does not shift merely because the assessee does not explain the disappearance of earlier capital. On that basis, the additions were held not legally sustainable. Case-Laws Income Tax Wed, 23 Jul 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181924