https://www.taxtmi.com/caselaws?id=12125 HC dismissed the appeal and upheld additions under section 68 for income from undisclosed sources. The court rejected the assessee's contention that suppliers belonged to a nomadic community, finding they had permanent residences and the nomadic claim did not excuse absence of verifiable addresses. Verification revealed many alleged sellers were untraceable and did not comply with summons under section 131. The HC held the burden to prove genuineness lay on the assessee and found no reason to interfere with the Tribunal's order. en-us Mon, 22 Jul 2002 00:00:00 +0530 Tue, 30 Sep 2025 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12125 HC dismissed the appeal and upheld additions under section 68 for income from undisclosed sources. The court rejected the assessee's contention that suppliers belonged to a nomadic community, finding they had permanent residences and the nomadic claim did not excuse absence of verifiable addresses. Verification revealed many alleged sellers were untraceable and did not comply with summons under section 131. The HC held the burden to prove genuineness lay on the assessee and found no reason to interfere with the Tribunal's order. Case-Laws Income Tax Mon, 22 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12125