https://www.taxtmi.com/caselaws?id=349625 The High Court upheld the Tribunal's decision to sustain an addition of Rs. 5,00,000/- based on a statement recorded during a survey. The Court found that the statement was voluntarily made, corroborated by subsequent actions, and the appellant failed to provide evidence contradicting the undisclosed income admission. The Court concluded that no substantial question of law arose, emphasizing the appellant's burden to disprove the admission. Consequently, the appeal was rejected. en-us Fri, 13 Oct 2017 00:00:00 +0530 Wed, 18 Oct 2017 11:02:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349625 The High Court upheld the Tribunal's decision to sustain an addition of Rs. 5,00,000/- based on a statement recorded during a survey. The Court found that the statement was voluntarily made, corroborated by subsequent actions, and the appellant failed to provide evidence contradicting the undisclosed income admission. The Court concluded that no substantial question of law arose, emphasizing the appellant's burden to disprove the admission. Consequently, the appeal was rejected. Case-Laws Income Tax Fri, 13 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349625