https://www.taxtmi.com/caselaws?id=278790 The court upheld the rejection of the appellant's books of accounts and returns of income for various assessment years, justifying the estimated suppressed turnover and addition of undisclosed business income. The treatment of agricultural income as income from other sources was also upheld, along with the addition of interest on fixed deposits not disclosed in returns. However, the court set aside the addition of amounts allegedly lent to other people as unexplained investment and the interest component for those amounts. The addition of estimated income from fishing boats was also upheld. en-us Fri, 16 Dec 2016 00:00:00 +0530 Thu, 21 Feb 2019 06:13:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278790 The court upheld the rejection of the appellant's books of accounts and returns of income for various assessment years, justifying the estimated suppressed turnover and addition of undisclosed business income. The treatment of agricultural income as income from other sources was also upheld, along with the addition of interest on fixed deposits not disclosed in returns. However, the court set aside the addition of amounts allegedly lent to other people as unexplained investment and the interest component for those amounts. The addition of estimated income from fishing boats was also upheld. Case-Laws Income Tax Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278790