https://www.taxtmi.com/caselaws?id=30829 The High Court upheld the Tribunal's decision to reject the affidavits and oral evidence presented by the assessee in a case involving discrepancies in the assessment year 1977-78. The Tribunal found the entries in the cash book to be manipulated and the creditors' statements not credible. Consequently, Rs. 1,13,914 was added to the assessee's income from undisclosed sources. The High Court affirmed the Tribunal's findings as justified and based on substantial evidence, ruling in favor of the Revenue. en-us Fri, 08 Jul 2005 00:00:00 +0530 Sat, 27 Sep 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30829 The High Court upheld the Tribunal's decision to reject the affidavits and oral evidence presented by the assessee in a case involving discrepancies in the assessment year 1977-78. The Tribunal found the entries in the cash book to be manipulated and the creditors' statements not credible. Consequently, Rs. 1,13,914 was added to the assessee's income from undisclosed sources. The High Court affirmed the Tribunal's findings as justified and based on substantial evidence, ruling in favor of the Revenue. Case-Laws Income Tax Fri, 08 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30829