https://www.taxtmi.com/highlights?id=67612 Assessment u/s 153A - undisclosed income - The only stress placed by Revenue is that the amount was accepted as undisclosed income in the statement recorded u/s 132(4) of the Act. It is a settled law that only on the basis of the statement, and without any corroborating evidence no addition of income can be made. - AT en-us Tue, 10 Jan 2023 09:25:19 +0530 Tue, 10 Jan 2023 09:25:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67612 Assessment u/s 153A - undisclosed income - The only stress placed by Revenue is that the amount was accepted as undisclosed income in the statement recorded u/s 132(4) of the Act. It is a settled law that only on the basis of the statement, and without any corroborating evidence no addition of income can be made. - AT Highlights Income Tax Tue, 10 Jan 2023 09:25:19 +0530 https://www.taxtmi.com/highlights?id=67612