https://www.taxtmi.com/caselaws?id=404758 Receipts reflected in 26AS, Form-16A and deductor confirmations were treated as reliable corroboration where the assessee had not maintained or audited books, did not dispute the entries at assessment stage, and produced no contrary evidence. The revisional authority's refusal to interfere under Section 264 was upheld because the alleged lack of further enquiry and denial of opportunity did not establish a breach of natural justice on the record. In writ jurisdiction, the revisional finding was not displaced, and the challenge failed in favour of the Revenue. en-us Thu, 25 Feb 2021 00:00:00 +0530 Wed, 13 Dec 2023 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404758 Receipts reflected in 26AS, Form-16A and deductor confirmations were treated as reliable corroboration where the assessee had not maintained or audited books, did not dispute the entries at assessment stage, and produced no contrary evidence. The revisional authority's refusal to interfere under Section 264 was upheld because the alleged lack of further enquiry and denial of opportunity did not establish a breach of natural justice on the record. In writ jurisdiction, the revisional finding was not displaced, and the challenge failed in favour of the Revenue. Case-Laws Income Tax Thu, 25 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404758