https://www.taxtmi.com/caselaws?id=292748 The Tribunal dismissed the appeals challenging the Commissioner of Income Tax(Appeals)'s orders for various assessment years. The Tribunal upheld additions in restaurant and jiggarthanda sales, adjusting profit estimation to 15%. The Tribunal found evidence of sales suppression, justifying the additions. The request to offset individual additions against suppressed sales was denied. The Tribunal upheld the additions based on seized materials, ultimately dismissing the appeals on 8th December 2011 in Chennai. en-us Thu, 08 Dec 2011 00:00:00 +0530 Thu, 07 Jan 2021 15:48:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292748 The Tribunal dismissed the appeals challenging the Commissioner of Income Tax(Appeals)'s orders for various assessment years. The Tribunal upheld additions in restaurant and jiggarthanda sales, adjusting profit estimation to 15%. The Tribunal found evidence of sales suppression, justifying the additions. The request to offset individual additions against suppressed sales was denied. The Tribunal upheld the additions based on seized materials, ultimately dismissing the appeals on 8th December 2011 in Chennai. Case-Laws Income Tax Thu, 08 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292748