Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Assessee wins appeal, Tribunal orders fresh assessment on excessive Sal-seed expenses.</h1> <h3>CHATURBHUJ AGARWAL. Versus INCOME TAX OFFICER.</h3> CHATURBHUJ AGARWAL. Versus INCOME TAX OFFICER. - TTJ 014, 006, The appeal by the assessee was against the addition of Rs. 64,000 for excessive expenses incurred in purchasing Sal-seed. The CIT (Appeals) found the expenses to be higher than other dealers. The assessee's contention was that the ITO did not lay the foundation for applying the proviso to s. 145(1). The Tribunal set aside the previous orders and directed a fresh assessment by the ITO. The appeal was treated as allowed.