https://www.taxtmi.com/caselaws?id=376564 The High Court upheld the Tribunal's decision to estimate the assessee's unaccounted income from student admissions activities at 20-25% of total turnover, considering the lack of material for accurate estimation and the assessee's admission to diary entries. The Court found the revenue authorities' conclusions reasonable and non-perverse, dismissing the appeals based on the factual nature of the issue and reliance on concurrent findings. en-us Tue, 05 Mar 2019 00:00:00 +0530 Tue, 12 Mar 2019 08:15:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376564 The High Court upheld the Tribunal's decision to estimate the assessee's unaccounted income from student admissions activities at 20-25% of total turnover, considering the lack of material for accurate estimation and the assessee's admission to diary entries. The Court found the revenue authorities' conclusions reasonable and non-perverse, dismissing the appeals based on the factual nature of the issue and reliance on concurrent findings. Case-Laws Income Tax Tue, 05 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376564