https://www.taxtmi.com/caselaws?id=35074 The court upheld the assessment of association of persons for the assessment year 1986-87, based on evidence from seized documents proving joint business activities and profit-sharing. The validity of income escaping assessment under Section 147 was confirmed, as crucial details supporting business activities were found in seized records. The absence of a written agreement for slaughter tapping did not impact the assessment's validity. The decision overturned the tribunal's ruling, emphasizing the department's clear evidence from seized records and dismissing related appeals. en-us Tue, 17 Jun 2008 00:00:00 +0530 Fri, 16 Sep 2011 15:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35074 The court upheld the assessment of association of persons for the assessment year 1986-87, based on evidence from seized documents proving joint business activities and profit-sharing. The validity of income escaping assessment under Section 147 was confirmed, as crucial details supporting business activities were found in seized records. The absence of a written agreement for slaughter tapping did not impact the assessment's validity. The decision overturned the tribunal's ruling, emphasizing the department's clear evidence from seized records and dismissing related appeals. Case-Laws Income Tax Tue, 17 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35074