<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2025 (3) TMI 1232 - BOMBAY HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=767846</link>
    <description>The Court dismissed the appeal, upholding the Tribunal&#039;s findings that were supported by evidence and not based on conjectures. It concluded that the Tribunal did not err in sustaining the addition of Rs. 2,00,50,000/- to the Appellant&#039;s income, as the Appellant failed to correlate the seized cash with declared income. The Court also found no error in the Tribunal&#039;s rejection of the principle of telescoping, as the Appellant could not establish a connection between unexplained income and expenditures. No substantial question of law was found, and the appeal was dismissed without costs.</description>
    <language>en-us</language>
    <pubDate>Thu, 20 Mar 2025 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 26 Mar 2025 06:50:40 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=809124" rel="self" type="application/rss+xml"/>
    <item>
      <title>2025 (3) TMI 1232 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=767846</link>
      <description>The Court dismissed the appeal, upholding the Tribunal&#039;s findings that were supported by evidence and not based on conjectures. It concluded that the Tribunal did not err in sustaining the addition of Rs. 2,00,50,000/- to the Appellant&#039;s income, as the Appellant failed to correlate the seized cash with declared income. The Court also found no error in the Tribunal&#039;s rejection of the principle of telescoping, as the Appellant could not establish a connection between unexplained income and expenditures. No substantial question of law was found, and the appeal was dismissed without costs.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Thu, 20 Mar 2025 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=767846</guid>
    </item>
  </channel>
</rss>