https://www.taxtmi.com/caselaws?id=56876 The Tribunal upheld the assessment of Rs. 4,05,840 as the appellant's undisclosed income based on seized documents. However, it directed the AO to allow a deduction of Rs. 2,73,283 for expenses claimed by the appellant, resulting in the computation of undisclosed income at Rs. 8,92,252. The Tribunal also instructed a reevaluation of the undisclosed income determination for another amount based on a different method. The estimated undisclosed income for a period not covered by seized documents was directed to be deleted, with only the income from seized documents considered. en-us Mon, 21 Jun 1999 00:00:00 +0530 Tue, 07 Dec 2010 12:12:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56876 The Tribunal upheld the assessment of Rs. 4,05,840 as the appellant's undisclosed income based on seized documents. However, it directed the AO to allow a deduction of Rs. 2,73,283 for expenses claimed by the appellant, resulting in the computation of undisclosed income at Rs. 8,92,252. The Tribunal also instructed a reevaluation of the undisclosed income determination for another amount based on a different method. The estimated undisclosed income for a period not covered by seized documents was directed to be deleted, with only the income from seized documents considered. Case-Laws Income Tax Mon, 21 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56876