Court Upholds Taxpayer's Income Additions for Bogus Consultancy Claims; Taxpayer Fails to Justify Remaining Expenses.

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....Bogus claim of consultancy charges payments - providing accommodation entries - Once the assessee admitted that ₹ 50 lakhs was claimed excessively, the onus of showing that the balance ₹ 50 lakhs was a justified expenditure lay upon it. - Additions confirmed - HC....