Tribunal held on merit estimate of addition 12.5 Per cent estimated by the CIT(A)is affirmed. Reassessment is affirmed. (AY.2010-11)
Aishwarya Publication P. Ltd. v. ITO (2024)112 ITR 14 (SN)(Mum)(Trib)
S. 69C : Unexplained expenditure-Income from undisclosed Sources-Survey-Accommodation entries-Bogus purchases-Addition to the extent of 12.5 Per Cent is affirmed-Reassessment is affirmed. [S.133(6) 139, 147, 148]