https://www.taxtmi.com/caselaws?id=425129 The Tribunal condoned the delay in filing the appeal due to the appellant's illness. It upheld the assessment under section 144 of the Income Tax Act, noting the assessing officer's compliance with notice requirements. The addition of Rs. 4,72,454 as undisclosed turnover was confirmed based on bank deposit analysis. The disallowance of Rs. 87,749 for undisclosed interest income was upheld as it was found in the appellant's 26AS statement but not declared in the return. The Tribunal dismissed the appeal, affirming the lower authorities' decisions. en-us Wed, 13 Jul 2022 00:00:00 +0530 Sat, 16 Jul 2022 09:21:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425129 The Tribunal condoned the delay in filing the appeal due to the appellant's illness. It upheld the assessment under section 144 of the Income Tax Act, noting the assessing officer's compliance with notice requirements. The addition of Rs. 4,72,454 as undisclosed turnover was confirmed based on bank deposit analysis. The disallowance of Rs. 87,749 for undisclosed interest income was upheld as it was found in the appellant's 26AS statement but not declared in the return. The Tribunal dismissed the appeal, affirming the lower authorities' decisions. Case-Laws Income Tax Wed, 13 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425129