https://www.taxtmi.com/caselaws?id=12011 The High Court affirmed the Tribunal's decision to assess income from undisclosed sources based on the cost of construction of a commercial building. The appellant's challenge against the referral to the Departmental Valuer was rejected, with the court finding that the assessing authority was justified in not accepting the appellant's accounts due to lack of supporting documentation. The addition to income was reduced to Rs. 2 lakhs from the original assessment, a decision upheld by the Tribunal and subsequently by the High Court, which dismissed the appeal, finding no substantial question of law. en-us Wed, 16 Oct 2002 00:00:00 +0530 Sun, 14 Feb 2010 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12011 The High Court affirmed the Tribunal's decision to assess income from undisclosed sources based on the cost of construction of a commercial building. The appellant's challenge against the referral to the Departmental Valuer was rejected, with the court finding that the assessing authority was justified in not accepting the appellant's accounts due to lack of supporting documentation. The addition to income was reduced to Rs. 2 lakhs from the original assessment, a decision upheld by the Tribunal and subsequently by the High Court, which dismissed the appeal, finding no substantial question of law. Case-Laws Income Tax Wed, 16 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12011