https://www.taxtmi.com/highlights?id=102432 Additions for alleged unaccounted admission fees based on seized loose sheets, visitors' slips and diary entries require adequate corroboration. Material relating to specific years cannot support extrapolated additions for other years, and estimated suppression of fees for remaining seats cannot rest on unsupported assumptions. For cancellation seats, an assumption of management-quota fee collection was unsupported where admissions were governed by an agreement restricting fees and admission records were produced. The HC upheld deletion of the additions, finding that the Revenue had not shown perversity in the Tribunal's factual findings. Under section 260A, the HC cannot reappreciate evidence or substitute factual conclusions absent findings based on no evidence or perversity. Exemption issues were left open. en-us Thu, 06 Aug 2026 09:11:07 +0530 Thu, 06 Aug 2026 09:11:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102432 Additions for alleged unaccounted admission fees based on seized loose sheets, visitors' slips and diary entries require adequate corroboration. Material relating to specific years cannot support extrapolated additions for other years, and estimated suppression of fees for remaining seats cannot rest on unsupported assumptions. For cancellation seats, an assumption of management-quota fee collection was unsupported where admissions were governed by an agreement restricting fees and admission records were produced. The HC upheld deletion of the additions, finding that the Revenue had not shown perversity in the Tribunal's factual findings. Under section 260A, the HC cannot reappreciate evidence or substitute factual conclusions absent findings based on no evidence or perversity. Exemption issues were left open. Highlights Income Tax Thu, 06 Aug 2026 09:11:07 +0530 https://www.taxtmi.com/highlights?id=102432