https://www.taxtmi.com/caselaws?id=261328 The Tribunal upheld the addition of Rs. 25,64,032 towards suppressed profits and the levy of interest under Sections 234B and 234C. Discrepancies in purchases and sales were deemed unaccounted transactions outside audited books, with the delay in filing the appeal being condoned. The Tribunal dismissed the assessee's appeal, emphasizing the discrepancies as unexplained investments and justifying the additions made. en-us Mon, 29 Jun 2015 00:00:00 +0530 Wed, 08 Jul 2015 09:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261328 The Tribunal upheld the addition of Rs. 25,64,032 towards suppressed profits and the levy of interest under Sections 234B and 234C. Discrepancies in purchases and sales were deemed unaccounted transactions outside audited books, with the delay in filing the appeal being condoned. The Tribunal dismissed the assessee's appeal, emphasizing the discrepancies as unexplained investments and justifying the additions made. Case-Laws Income Tax Mon, 29 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261328