https://www.taxtmi.com/caselaws?id=344137 The Court upheld the addition of unaccounted sales as income, dismissing the tax appeal due to procedural irregularities and lack of challenge to the initial reduction by the Revenue. The retracted statement of the appellant's brother, along with discrepancies in accounts, supported the addition. The decision to treat sales as income instead of net profit was deemed valid based on evidence of discrepancies and failure to maintain proper records. The Court found no legal question, affirming the addition and dismissing the appeal based on factual findings. en-us Tue, 06 Jun 2017 00:00:00 +0530 Fri, 09 Jun 2017 05:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344137 The Court upheld the addition of unaccounted sales as income, dismissing the tax appeal due to procedural irregularities and lack of challenge to the initial reduction by the Revenue. The retracted statement of the appellant's brother, along with discrepancies in accounts, supported the addition. The decision to treat sales as income instead of net profit was deemed valid based on evidence of discrepancies and failure to maintain proper records. The Court found no legal question, affirming the addition and dismissing the appeal based on factual findings. Case-Laws Income Tax Tue, 06 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344137