https://www.taxtmi.com/caselaws?id=764502 ITAT PATNA-AT upheld validity of the search and assessment under section 153A, finding credible information and substantial undisclosed investments; consequential additions generally sustained. CIT(A)'s partial allowance for household expenses (specified amounts) was affirmed. Inclusion of income assessed under an alias into the assessee's income was upheld due to use of multiple aliases and lack of separate existence. Claim of a gift from the grandmother was rejected for lack of donor's disclosed source. However, an addition of Rs. 80,000 made on estimation for alleged onion business was deleted for lack of material proving the business. en-us Thu, 09 Jan 2025 00:00:00 +0530 Wed, 05 Nov 2025 16:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764502 ITAT PATNA-AT upheld validity of the search and assessment under section 153A, finding credible information and substantial undisclosed investments; consequential additions generally sustained. CIT(A)'s partial allowance for household expenses (specified amounts) was affirmed. Inclusion of income assessed under an alias into the assessee's income was upheld due to use of multiple aliases and lack of separate existence. Claim of a gift from the grandmother was rejected for lack of donor's disclosed source. However, an addition of Rs. 80,000 made on estimation for alleged onion business was deleted for lack of material proving the business. Case-Laws Income Tax Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764502