https://www.taxtmi.com/caselaws?id=388161 The Tribunal partially allowed the appeal, directing the Assessing Officer to treat the disclosed Rs. 32 lakhs as business income eligible for set off against business expenditure/losses. The remaining Rs. 8 lakhs was upheld as deemed income, to be assessed grossly without deductions. The decision was pronounced on 6th November 2019. en-us Wed, 06 Nov 2019 00:00:00 +0530 Sat, 09 Nov 2019 06:26:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388161 The Tribunal partially allowed the appeal, directing the Assessing Officer to treat the disclosed Rs. 32 lakhs as business income eligible for set off against business expenditure/losses. The remaining Rs. 8 lakhs was upheld as deemed income, to be assessed grossly without deductions. The decision was pronounced on 6th November 2019. Case-Laws Income Tax Wed, 06 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388161