https://www.taxtmi.com/caselaws?id=389807 The Tribunal upheld the disallowance of payments totaling Rs. 35,28,192 as "undisclosed income" under Section 158BA, dismissing the assessee's appeal. The dispute arose from earth moving business expenses treated as undisclosed income due to unsigned vouchers and inconsistencies. Despite the assessee's arguments and witness testimonies, the Tribunal found the disallowance justified based on seized materials and lack of substantiation. The order was pronounced on 11th December 2019 at Chennai. en-us Wed, 11 Dec 2019 00:00:00 +0530 Tue, 17 Dec 2019 16:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389807 The Tribunal upheld the disallowance of payments totaling Rs. 35,28,192 as "undisclosed income" under Section 158BA, dismissing the assessee's appeal. The dispute arose from earth moving business expenses treated as undisclosed income due to unsigned vouchers and inconsistencies. Despite the assessee's arguments and witness testimonies, the Tribunal found the disallowance justified based on seized materials and lack of substantiation. The order was pronounced on 11th December 2019 at Chennai. Case-Laws Income Tax Wed, 11 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389807