https://www.taxtmi.com/caselaws?id=369067 The Tribunal dismissed the appeals filed by the assessee, upholding the CIT(A) order regarding the treatment of unaccounted sales and purchases. The decision emphasized the need for substantiating claims related to unrecorded transactions, particularly the lack of evidence for unaccounted purchases. The appeals were dismissed due to the failure to prove the existence of unrecorded purchases and sales, highlighting the importance of providing evidence to support assertions in such cases. en-us Wed, 17 Oct 2018 00:00:00 +0530 Thu, 18 Oct 2018 16:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369067 The Tribunal dismissed the appeals filed by the assessee, upholding the CIT(A) order regarding the treatment of unaccounted sales and purchases. The decision emphasized the need for substantiating claims related to unrecorded transactions, particularly the lack of evidence for unaccounted purchases. The appeals were dismissed due to the failure to prove the existence of unrecorded purchases and sales, highlighting the importance of providing evidence to support assertions in such cases. Case-Laws Income Tax Wed, 17 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369067