https://www.taxtmi.com/caselaws?id=396571 The Tribunal upheld the taxation of surrendered income under Section 115BBE at a 60% rate, classifying it under Sections 68 to 69D due to lack of explanation for its source. The assessment and appellate orders were deemed valid and legal, with the appeal being dismissed entirely. en-us Mon, 09 Mar 2020 00:00:00 +0530 Fri, 10 Jul 2020 11:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396571 The Tribunal upheld the taxation of surrendered income under Section 115BBE at a 60% rate, classifying it under Sections 68 to 69D due to lack of explanation for its source. The assessment and appellate orders were deemed valid and legal, with the appeal being dismissed entirely. Case-Laws Income Tax Mon, 09 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396571