https://www.taxtmi.com/caselaws?id=438037 HC dismissed appellant's challenges and upheld Tribunal's additions. The court held the Rs.3,50,000 cash payment was rightly treated as income under Section 69C for AY 1994-95 because the appellant failed to prove the amount related to a sister concern or to other years. Additions for unrecorded rolling charges and for rolling receipts not shown in books were affirmed, since the appellant produced no evidence of corresponding expenses or book entries; CIT(A)'s 75% deduction was rejected. The Tribunal's gross-profit estimate of 8% on seized-document sales was deemed reasonable and affirmed. en-us Mon, 10 Apr 2023 00:00:00 +0530 Sat, 20 Sep 2025 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438037 HC dismissed appellant's challenges and upheld Tribunal's additions. The court held the Rs.3,50,000 cash payment was rightly treated as income under Section 69C for AY 1994-95 because the appellant failed to prove the amount related to a sister concern or to other years. Additions for unrecorded rolling charges and for rolling receipts not shown in books were affirmed, since the appellant produced no evidence of corresponding expenses or book entries; CIT(A)'s 75% deduction was rejected. The Tribunal's gross-profit estimate of 8% on seized-document sales was deemed reasonable and affirmed. Case-Laws Income Tax Mon, 10 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438037