https://www.taxtmi.com/caselaws?id=36859 The High Court of ALLAHABAD upheld the Income-tax Appellate Tribunal's decision to treat Rs. 30,000 and Rs. 25,000 as undisclosed income of the assessee, rejecting explanations provided for both amounts. The Tribunal found the explanations inadequate due to lack of evidence and plausibility. Consequently, the Court ruled in favor of the department, affirming the addition of Rs. 55,000 to the assessee's income and awarded costs of Rs. 200 to the department. en-us Tue, 08 Jan 1980 00:00:00 +0530 Thu, 25 Mar 2010 10:41:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36859 The High Court of ALLAHABAD upheld the Income-tax Appellate Tribunal's decision to treat Rs. 30,000 and Rs. 25,000 as undisclosed income of the assessee, rejecting explanations provided for both amounts. The Tribunal found the explanations inadequate due to lack of evidence and plausibility. Consequently, the Court ruled in favor of the department, affirming the addition of Rs. 55,000 to the assessee's income and awarded costs of Rs. 200 to the department. Case-Laws Income Tax Tue, 08 Jan 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36859