Addition based upon loose papers seized justified if ‘Priyanka Chopra’ agreed to it during assessment proceedings

IT : Addition of Rs.4.80 lakhs in case of assessee being undisclosed income in respect of rent received being based upon specifically identified loose paper which assessee had duly agreed during course of assessment could not be said to be arbitrary

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000181670/addition-based-upon-loose-papers-seized-justified-if-‘priyanka-chopra’-agreed-to-it-during-assessment-proceedings.aspx