https://www.taxtmi.com/caselaws?id=788019 Assessments based on incriminating material discovered during limited survey periods cannot be extrapolated to the entire year without reliable corroborative material; employee statements from survey carry limited evidentiary weight and are insufficient alone to sustain wholesale sales-suppression additions. Consequently the large extrapolated addition was disallowed and replaced by a modest lump-sum adjustment of Rs. 5 Lacs for the profit element. Separately, alleged unaccounted referral commission claimed without documentary corroboration was deleted, yielding a partly favourable outcome for the taxpayer. en-us Tue, 07 Oct 2025 00:00:00 +0530 Mon, 16 Mar 2026 08:42:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788019 Assessments based on incriminating material discovered during limited survey periods cannot be extrapolated to the entire year without reliable corroborative material; employee statements from survey carry limited evidentiary weight and are insufficient alone to sustain wholesale sales-suppression additions. Consequently the large extrapolated addition was disallowed and replaced by a modest lump-sum adjustment of Rs. 5 Lacs for the profit element. Separately, alleged unaccounted referral commission claimed without documentary corroboration was deleted, yielding a partly favourable outcome for the taxpayer. Case-Laws Income Tax Tue, 07 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788019