https://www.taxtmi.com/caselaws?id=286387 Survey material found at the assessee's premises was treated as admissible under section 292C because possession and contents were not rebutted by credible evidence, so additions based on impounded printouts and documents were sustained to the extent supported by that material. Loan-related addition was restricted because the seized sheet supported only the principal actually recorded, while telescoping was allowed only to a limited extent and the interest component remained unexplained. Booking advances and refund entries on plots, as well as bank credits and cash deposits, were upheld where the assessee failed to establish a satisfactory source. Deletions relating to probable loans, cheque entries, society papers, and alleged expenditure were affirmed for want of a factual nexus. en-us Thu, 06 Jun 2019 00:00:00 +0530 Mon, 24 Feb 2020 10:42:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286387 Survey material found at the assessee's premises was treated as admissible under section 292C because possession and contents were not rebutted by credible evidence, so additions based on impounded printouts and documents were sustained to the extent supported by that material. Loan-related addition was restricted because the seized sheet supported only the principal actually recorded, while telescoping was allowed only to a limited extent and the interest component remained unexplained. Booking advances and refund entries on plots, as well as bank credits and cash deposits, were upheld where the assessee failed to establish a satisfactory source. Deletions relating to probable loans, cheque entries, society papers, and alleged expenditure were affirmed for want of a factual nexus. Case-Laws Income Tax Thu, 06 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286387