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    <title>Tax Assessment Upheld: Undisclosed Income Confirmed with 8% Gross Profit and 1% Commission Under Section 153A</title>
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    <description>ITAT upheld the lower authorities&#039; findings in tax assessment proceedings u/s 153A for AY 2011-12 to 2019-20. The tribunal dismissed the assessee&#039;s contentions challenging the consolidated order, following precedent in Hitesh Golecha case. The tribunal confirmed additions of unaccounted income by estimating gross profit at 8% and commission at 1% on undisclosed sales. The order was based on the assessee&#039;s failure to provide plausible explanations and evasive conduct during proceedings. No substantial legal infirmity was found in the CIT(A)&#039;s order, and the tribunal upheld the assessment order as legally valid.</description>
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    <pubDate>Wed, 21 May 2025 21:35:01 +0530</pubDate>
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      <description>ITAT upheld the lower authorities&#039; findings in tax assessment proceedings u/s 153A for AY 2011-12 to 2019-20. The tribunal dismissed the assessee&#039;s contentions challenging the consolidated order, following precedent in Hitesh Golecha case. The tribunal confirmed additions of unaccounted income by estimating gross profit at 8% and commission at 1% on undisclosed sales. The order was based on the assessee&#039;s failure to provide plausible explanations and evasive conduct during proceedings. No substantial legal infirmity was found in the CIT(A)&#039;s order, and the tribunal upheld the assessment order as legally valid.</description>
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      <pubDate>Wed, 21 May 2025 21:35:01 +0530</pubDate>
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