https://www.taxtmi.com/caselaws?id=379281 The Tribunal upheld the Assessing Officer's assessment in a case involving discrepancies in turnover calculation for the assessment year 2013-14. The Tribunal dismissed the appeal, stating that the assessee failed to provide adequate evidence to support the claim of clerical error leading to the inflated turnover figure. Additionally, the Tribunal upheld the validity of the proceedings under section 143(3) of the Income Tax Act, emphasizing the necessity of presenting substantial evidence to challenge assessment outcomes. The Tribunal highlighted the importance of producing sufficient evidence to substantiate claims during tax proceedings. en-us Fri, 15 Feb 2019 00:00:00 +0530 Wed, 01 May 2019 06:32:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379281 The Tribunal upheld the Assessing Officer's assessment in a case involving discrepancies in turnover calculation for the assessment year 2013-14. The Tribunal dismissed the appeal, stating that the assessee failed to provide adequate evidence to support the claim of clerical error leading to the inflated turnover figure. Additionally, the Tribunal upheld the validity of the proceedings under section 143(3) of the Income Tax Act, emphasizing the necessity of presenting substantial evidence to challenge assessment outcomes. The Tribunal highlighted the importance of producing sufficient evidence to substantiate claims during tax proceedings. Case-Laws Income Tax Fri, 15 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379281