https://www.taxtmi.com/caselaws?id=276119 The Tribunal allowed the appeal partially, condoning the delay in filing and dismissing the ground related to notice service. It found the addition of income based on alleged receipt lacking concrete evidence and reduced the addition to 1.5% of the gross receipts, citing lack of substantial inquiry by the AO. en-us Wed, 15 Jun 2011 00:00:00 +0530 Tue, 30 Oct 2018 14:31:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276119 The Tribunal allowed the appeal partially, condoning the delay in filing and dismissing the ground related to notice service. It found the addition of income based on alleged receipt lacking concrete evidence and reduced the addition to 1.5% of the gross receipts, citing lack of substantial inquiry by the AO. Case-Laws Income Tax Wed, 15 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276119