https://www.taxtmi.com/caselaws?id=184914 The court upheld the Income Tax Settlement Commission's order, dismissing the petition challenging the addition of Rs. 30 lakhs to the petitioner's income. The court found the Commission's decision reasonable, based on discrepancies in on-money receipts and lack of full disclosure, with no arbitrary exercise of power or violation of natural justice principles. The court emphasized the finality of the Commission's orders and denied judicial review, concluding that the petitioner's arguments did not establish serious prejudice or breach of provisions. en-us Thu, 28 Feb 2013 00:00:00 +0530 Mon, 25 Jul 2016 10:36:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184914 The court upheld the Income Tax Settlement Commission's order, dismissing the petition challenging the addition of Rs. 30 lakhs to the petitioner's income. The court found the Commission's decision reasonable, based on discrepancies in on-money receipts and lack of full disclosure, with no arbitrary exercise of power or violation of natural justice principles. The court emphasized the finality of the Commission's orders and denied judicial review, concluding that the petitioner's arguments did not establish serious prejudice or breach of provisions. Case-Laws Income Tax Thu, 28 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184914