https://www.taxtmi.com/caselaws?id=376068 The Tribunal upheld the addition of Rs. 24,25,000 as unexplained income, dismissing the appeal and confirming the CIT(A)'s decision. The Tribunal emphasized the significance of admissions made during the search and rejected the arguments presented by the Assessee. Additionally, the Tribunal upheld the assessment under section 153A for the assessment year 2009-10, citing the Supreme Court precedent allowing taxation of undisclosed income admitted during the search without further scrutiny. en-us Thu, 21 Feb 2019 00:00:00 +0530 Fri, 01 Mar 2019 22:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376068 The Tribunal upheld the addition of Rs. 24,25,000 as unexplained income, dismissing the appeal and confirming the CIT(A)'s decision. The Tribunal emphasized the significance of admissions made during the search and rejected the arguments presented by the Assessee. Additionally, the Tribunal upheld the assessment under section 153A for the assessment year 2009-10, citing the Supreme Court precedent allowing taxation of undisclosed income admitted during the search without further scrutiny. Case-Laws Income Tax Thu, 21 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376068