https://www.taxtmi.com/caselaws?id=32893 The High Court of Madras upheld the decision of the Income-tax Appellate Tribunal, ruling in favor of the assessee and dismissing the Revenue's appeal. The court emphasized that disclosed amounts in returns filed before a search cannot be treated as undisclosed income without valid material to prove otherwise. en-us Mon, 05 Jan 2009 00:00:00 +0530 Mon, 12 Sep 2011 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32893 The High Court of Madras upheld the decision of the Income-tax Appellate Tribunal, ruling in favor of the assessee and dismissing the Revenue's appeal. The court emphasized that disclosed amounts in returns filed before a search cannot be treated as undisclosed income without valid material to prove otherwise. Case-Laws Income Tax Mon, 05 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32893