https://www.taxtmi.com/caselaws?id=467398 The article addresses evidentiary sufficiency for claimed land development and business expenditures, concluding that where claims rest on self made or unsigned seized vouchers only a limited disallowance is warranted and an arbitrary 30% cut was reduced to 10% in favour of the taxpayer; appeals dismissed for non payment were remitted where adjustment of seized cash was shown on record; additions for unsupported higher sales consideration and unexplained credits were deleted where no corroborative material existed; cash payment disallowances were deleted where reasonable cause was shown but sustained where no explanation was furnished; several matters were remitted for fresh adjudication and interest recomputed consequentially. en-us Fri, 15 Mar 2013 00:00:00 +0530 Tue, 17 Mar 2026 18:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467398 The article addresses evidentiary sufficiency for claimed land development and business expenditures, concluding that where claims rest on self made or unsigned seized vouchers only a limited disallowance is warranted and an arbitrary 30% cut was reduced to 10% in favour of the taxpayer; appeals dismissed for non payment were remitted where adjustment of seized cash was shown on record; additions for unsupported higher sales consideration and unexplained credits were deleted where no corroborative material existed; cash payment disallowances were deleted where reasonable cause was shown but sustained where no explanation was furnished; several matters were remitted for fresh adjudication and interest recomputed consequentially. Case-Laws Income Tax Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467398