Tribunal failed in calculating Undisclosed Income on the basis of Evidence: Madras High Court [Read Order]

The Madras High Court held that the tribunal failed in calculating undisclosed income on the basis of the evidence. The assessee, Rakesh Sarin is an individual engaged in the business of financing. A search was conducted in the assessee’s premises under Section 132 of the Act. Thereafter, the block assessment was completed under Section 153BC […]

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