https://www.taxtmi.com/caselaws?id=278449 The Revenue appealed against the deletion of an addition of undisclosed income surrendered during a survey operation. The Tribunal upheld the addition but reduced the amount added by the Assessing Officer, citing unreliable account books and lack of complete information in the inventory. The Tribunal limited the addition to Rs. 10,00,000 based on estimates and probabilities, instead of the original Rs. 24,09,475. As a result, the Revenue's appeal was partially allowed, with the judgment issued on 24th July 2015. en-us Fri, 24 Jul 2015 00:00:00 +0530 Mon, 04 Feb 2019 06:52:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278449 The Revenue appealed against the deletion of an addition of undisclosed income surrendered during a survey operation. The Tribunal upheld the addition but reduced the amount added by the Assessing Officer, citing unreliable account books and lack of complete information in the inventory. The Tribunal limited the addition to Rs. 10,00,000 based on estimates and probabilities, instead of the original Rs. 24,09,475. As a result, the Revenue's appeal was partially allowed, with the judgment issued on 24th July 2015. Case-Laws Income Tax Fri, 24 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278449