https://www.taxtmi.com/caselaws?id=343362 The appellant's challenges against additions on fictitious sales, treatment of unexplained credits in the balance sheet, and taxing of commission income were dismissed by the CIT(A) due to lack of evidence and failure to substantiate claims. The CIT(A) relied on incriminating material and the appellant's admission of involvement in hawala transactions to uphold the additions. Despite opportunities, the appellant failed to provide supporting documentation, leading to the rejection of their appeals for both assessment years. en-us Fri, 05 May 2017 00:00:00 +0530 Wed, 24 May 2017 07:03:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343362 The appellant's challenges against additions on fictitious sales, treatment of unexplained credits in the balance sheet, and taxing of commission income were dismissed by the CIT(A) due to lack of evidence and failure to substantiate claims. The CIT(A) relied on incriminating material and the appellant's admission of involvement in hawala transactions to uphold the additions. Despite opportunities, the appellant failed to provide supporting documentation, leading to the rejection of their appeals for both assessment years. Case-Laws Income Tax Fri, 05 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343362