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2015 (7) TMI 394 - AT - Income TaxAssessment u/s. 144 - unexplained cash purchases/sales - additions/disallowances as unexplained income - Held that:- Commissioner of Income Tax (Appeals) duly examined the facts u/s. 68 along with various case laws and finally affirmed the additions as unexplained income u/s. 68 of the Act by examining each assessment year separately. We are satisfied with the reasoning contained in the impugned order under the facts and the circumstances available on record. We have also examined the material available on record and considered the submissions of ld. CIT-DR. before us also the attitude of the assessee is same as the assessee merely filed the appeals and neither filed necessary details nor represented its case and inspite of repeated final opportunities. Today, as mentioned earlier the assessee even did not bother to attend the proceedings or to seek adjournment. In the totality of the facts, material available on record, attitude of the assessee it clearly oozes out that the assessee has nothing to say in his defence. Thus, we find no infirmity in the conclusion drawn by the ld. Commissioner of Income Tax (Appeals), consequently all these appeals are having no merit, therefore, dismissed. - Decided against assessee.
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