https://www.taxtmi.com/caselaws?id=363160 The High Court upheld the decision of the Income Tax Appellate Tribunal in a tax appeal case. The Court found no substantial legal issue in the Tribunal's decision to consider undisclosed income under the head "Pooja" based on seized material and the Assessee's statement. The Court emphasized that the seized material supported the Assessee's initial statement, and the subsequent retraction lacked justification. Consequently, the Court dismissed the Assessee's Appeal, ruling in favor of upholding the Tribunal's decision without costs. en-us Thu, 28 Jun 2018 00:00:00 +0530 Mon, 09 Jul 2018 08:25:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363160 The High Court upheld the decision of the Income Tax Appellate Tribunal in a tax appeal case. The Court found no substantial legal issue in the Tribunal's decision to consider undisclosed income under the head "Pooja" based on seized material and the Assessee's statement. The Court emphasized that the seized material supported the Assessee's initial statement, and the subsequent retraction lacked justification. Consequently, the Court dismissed the Assessee's Appeal, ruling in favor of upholding the Tribunal's decision without costs. Case-Laws Income Tax Thu, 28 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363160