https://www.taxtmi.com/caselaws?id=13247 The court upheld the Tribunal's decisions on various issues: pronotes treated as amounts advanced for undisclosed income due to lack of contradicting evidence; deletion of interest income for specific assessment years as income earned over time; allocation of concealed income among family members based on past tax assessments; spreading undisclosed income over multiple years due to lack of basis for individual assessment years; and cancellation of interest under specific sections of the Income-tax Act. The tax appeal by the Revenue was dismissed, and proceedings closed without costs. en-us Wed, 14 Dec 2005 00:00:00 +0530 Wed, 27 May 2009 16:01:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13247 The court upheld the Tribunal's decisions on various issues: pronotes treated as amounts advanced for undisclosed income due to lack of contradicting evidence; deletion of interest income for specific assessment years as income earned over time; allocation of concealed income among family members based on past tax assessments; spreading undisclosed income over multiple years due to lack of basis for individual assessment years; and cancellation of interest under specific sections of the Income-tax Act. The tax appeal by the Revenue was dismissed, and proceedings closed without costs. Case-Laws Income Tax Wed, 14 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13247