https://www.taxtmi.com/caselaws?id=338077 The High Court upheld the ITAT's findings as the final fact-finding authority, emphasizing minimal interference unless manifestly perverse. The addition of undisclosed amounts was deemed invalid due to inconclusive evidence from a third party's premises. The Court stressed the necessity of thorough inquiry into seized documents before adding amounts, dismissing the appeal for failure to verify encashment. Section 153C application required investigation into cheque transactions, leading to non-taxation of amounts. Ultimately, the Court dismissed the appeal, affirming ITAT's final fact-finding authority without substantial legal questions. en-us Fri, 06 Jan 2017 00:00:00 +0530 Tue, 24 Jan 2017 08:36:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338077 The High Court upheld the ITAT's findings as the final fact-finding authority, emphasizing minimal interference unless manifestly perverse. The addition of undisclosed amounts was deemed invalid due to inconclusive evidence from a third party's premises. The Court stressed the necessity of thorough inquiry into seized documents before adding amounts, dismissing the appeal for failure to verify encashment. Section 153C application required investigation into cheque transactions, leading to non-taxation of amounts. Ultimately, the Court dismissed the appeal, affirming ITAT's final fact-finding authority without substantial legal questions. Case-Laws Income Tax Fri, 06 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338077