https://www.taxtmi.com/caselaws?id=61237 Enhancement of assessment was upheld because it remained confined to the same subject-matter already before the assessing authority, namely unaccounted production and sales from 28 kilns, and did not introduce a new source of income. The gross profit addition at 30 per cent on the revised turnover was sustained on the factual finding of unaccounted business activity and past gross profit history showing comparable results. The separate cash credit addition of Rs. 27,000 was deleted because earlier and current trading additions, together with the finding of concealed business income, reasonably explained the availability of funds from intangible additions. en-us Wed, 30 Jun 1982 00:00:00 +0530 Tue, 11 Jan 2011 14:10:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61237 Enhancement of assessment was upheld because it remained confined to the same subject-matter already before the assessing authority, namely unaccounted production and sales from 28 kilns, and did not introduce a new source of income. The gross profit addition at 30 per cent on the revised turnover was sustained on the factual finding of unaccounted business activity and past gross profit history showing comparable results. The separate cash credit addition of Rs. 27,000 was deleted because earlier and current trading additions, together with the finding of concealed business income, reasonably explained the availability of funds from intangible additions. Case-Laws Income Tax Wed, 30 Jun 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61237