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2013 (3) TMI 511 - GUJARAT HIGH COURTUndisclosed Income under Section 69A of the Act - Deleting the addition - unreliability of the accounts - Search & seizure under Section 132 of the Income Tax Act, 1961 - Furnish return for the block period - Held that:- It is true that the records may be incomplete. But this largely due to the fact that the assessee is a fisherman and he is illiterate and nomadic. Most of his transactions are required to be carried out in cash. It would be practically impossible to maintain vouchers and other preliminary records. The nature of business is such that half of the year he would be in high seas. - Decided against the revenue.
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