https://www.taxtmi.com/caselaws?id=462091 ITAT Raipur upheld CIT(A)'s order confirming assessment u/s 153A for AY 2011-12 to 2019-20. Assessee's challenges regarding consolidated order validity under section 153D and ex-parte proceedings were dismissed for lack of substantiation. Tribunal confirmed additions including unaccounted income with 8% gross profit estimation versus assessee's declared 5%, and 1% commission on undisclosed sales. Assessee's non-compliance and evasive conduct during proceedings weakened their position. Court found no infirmity in lower authorities' orders given assessee's failure to provide plausible explanations or dispute involvement in bogus sales transactions. en-us Thu, 16 Jan 2025 00:00:00 +0530 Tue, 20 May 2025 16:16:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462091 ITAT Raipur upheld CIT(A)'s order confirming assessment u/s 153A for AY 2011-12 to 2019-20. Assessee's challenges regarding consolidated order validity under section 153D and ex-parte proceedings were dismissed for lack of substantiation. Tribunal confirmed additions including unaccounted income with 8% gross profit estimation versus assessee's declared 5%, and 1% commission on undisclosed sales. Assessee's non-compliance and evasive conduct during proceedings weakened their position. Court found no infirmity in lower authorities' orders given assessee's failure to provide plausible explanations or dispute involvement in bogus sales transactions. Case-Laws Income Tax Thu, 16 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462091