https://www.taxtmi.com/caselaws?id=367047 The Tribunal upheld the orders of the ld.CIT(A)-IV, Rajkot, confirming additions under sections 143(3) and 271B for the assessment year 2008-09. The Tribunal upheld the estimation of profit in mobile vouchers and the additional amounts due to discrepancies in balance for pan masala and gutkha transactions. Additionally, the Tribunal affirmed the penalty imposed under section 271B for failure to get accounts audited. All appeals were dismissed, and the orders of the ld.CIT(A)-IV, Rajkot were upheld. en-us Tue, 11 Sep 2018 00:00:00 +0530 Fri, 14 Sep 2018 06:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367047 The Tribunal upheld the orders of the ld.CIT(A)-IV, Rajkot, confirming additions under sections 143(3) and 271B for the assessment year 2008-09. The Tribunal upheld the estimation of profit in mobile vouchers and the additional amounts due to discrepancies in balance for pan masala and gutkha transactions. Additionally, the Tribunal affirmed the penalty imposed under section 271B for failure to get accounts audited. All appeals were dismissed, and the orders of the ld.CIT(A)-IV, Rajkot were upheld. Case-Laws Income Tax Tue, 11 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367047