2020 (11) TMI 1096 - SCH - Income Tax

Assessment on the basis of seized material and documents u/s 158BB(1) - HC held that Tribunal had recorded a categorical finding that addition cannot be made merely on presumption that assessee had earned undisclosed income and incurred expenses outside books of account which need no interference being finding of fact the appeal lacks merit and is hereby dismissed - HELD THAT - Delay condoned. The special leave petitions are dismissed.