Transfer of property deemed as short-term capital gain due to...

Transfer of property deemed as short-term capital gain due to holding period less than 36 months, disallowing deduction u/s 54F. Additions for difference in commission payment and closing balances of parties deleted as TDS deducted and reasons for difference found reasonable. Cash freight payment disallowed u/s 40A(3). Additions for sales tax payment, penalty, and difference in sales tax turnover upheld. Cash deposits treated as unexplained credits u/s 68 due to lack of evidence regarding source and creditworthiness of parties. Partly allowed assessee's appeal.