https://www.taxtmi.com/caselaws?id=55322 The Tribunal upheld the addition of Rs. 9.77 lakhs as undisclosed income for admitted unaccounted cash received from parties. However, the Tribunal deleted the additions for under-invoicing of machinery and unaccounted purchase of materials due to lack of specific evidence, reduced the addition for unaccounted sale of machineries, and allowed telescoping for unaccounted credits. The Tribunal also reduced the addition for unaccounted scrap sales and deleted the addition for forfeited advance money, which was properly recorded. The Third Member upheld the deletion of additions for under-invoicing of machinery after disagreement with the Judicial Member. en-us Tue, 17 Dec 2002 00:00:00 +0530 Thu, 02 Mar 2017 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55322 The Tribunal upheld the addition of Rs. 9.77 lakhs as undisclosed income for admitted unaccounted cash received from parties. However, the Tribunal deleted the additions for under-invoicing of machinery and unaccounted purchase of materials due to lack of specific evidence, reduced the addition for unaccounted sale of machineries, and allowed telescoping for unaccounted credits. The Tribunal also reduced the addition for unaccounted scrap sales and deleted the addition for forfeited advance money, which was properly recorded. The Third Member upheld the deletion of additions for under-invoicing of machinery after disagreement with the Judicial Member. Case-Laws Income Tax Tue, 17 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55322