https://www.taxtmi.com/caselaws?id=386146 The Tribunal dismissed the appeal and Stay Petition filed by the assessee. While condoning the delay in filing the appeal, the Tribunal upheld the CIT(A)'s decision confirming additions totaling Rs. 93,56,364 for the assessment year 2008-09. The estimation of suppressed turnover and profit, discrediting of books of accounts, and comparison with other firms' trading results were all decided against the assessee. The Tribunal found the CIT(A)'s decisions justified and based on seized records and statements, ultimately ruling in favor of the tax authorities. en-us Fri, 20 Sep 2019 00:00:00 +0530 Sun, 22 Sep 2019 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386146 The Tribunal dismissed the appeal and Stay Petition filed by the assessee. While condoning the delay in filing the appeal, the Tribunal upheld the CIT(A)'s decision confirming additions totaling Rs. 93,56,364 for the assessment year 2008-09. The estimation of suppressed turnover and profit, discrediting of books of accounts, and comparison with other firms' trading results were all decided against the assessee. The Tribunal found the CIT(A)'s decisions justified and based on seized records and statements, ultimately ruling in favor of the tax authorities. Case-Laws Income Tax Fri, 20 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386146