https://www.taxtmi.com/caselaws?id=63725 The Tribunal provided significant relief to the assessee by deleting or reducing several additions made by the ITO, including gross profit addition, shortages in stock, loss in refining gold at Government Mint, disallowance of interest, and addition on account of low household withdrawals. The Tribunal emphasized the necessity for concrete evidence and proper investigation before making such additions, directing a reassessment on specific issues. en-us Fri, 29 Jan 1988 00:00:00 +0530 Tue, 01 Feb 2011 15:18:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63725 The Tribunal provided significant relief to the assessee by deleting or reducing several additions made by the ITO, including gross profit addition, shortages in stock, loss in refining gold at Government Mint, disallowance of interest, and addition on account of low household withdrawals. The Tribunal emphasized the necessity for concrete evidence and proper investigation before making such additions, directing a reassessment on specific issues. Case-Laws Income Tax Fri, 29 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63725