https://www.taxtmi.com/caselaws?id=200498 The court upheld the Tribunal's decisions on all issues, affirming the addition of money found in possession of a third party as undisclosed income of the appellant, the justification of the Tribunal's decision on section 132(4A), the legality of presumptions made by the Assessing Officer, the authority of the Commissioner to invoke section 263, and the validity of the reassessment and subsequent orders. The court found that the Assessing Officer and the Tribunal acted within the law, and the evidence and presumptions were deemed justified. The appeals were dismissed in favor of the Revenue. en-us Tue, 08 Sep 2015 00:00:00 +0530 Sat, 31 Mar 2018 06:14:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200498 The court upheld the Tribunal's decisions on all issues, affirming the addition of money found in possession of a third party as undisclosed income of the appellant, the justification of the Tribunal's decision on section 132(4A), the legality of presumptions made by the Assessing Officer, the authority of the Commissioner to invoke section 263, and the validity of the reassessment and subsequent orders. The court found that the Assessing Officer and the Tribunal acted within the law, and the evidence and presumptions were deemed justified. The appeals were dismissed in favor of the Revenue. Case-Laws Income Tax Tue, 08 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200498