https://www.taxtmi.com/caselaws?id=64052 The Tribunal affirmed the Income-tax Officer's decision to include sales tax amounts in the total income of the assessee as trading receipts. The disallowance of telephone and car expenses for personal use was upheld, emphasizing the lack of evidence to support the assessee's objections. The Tribunal clarified that section 43B of the Income Tax Act required the inclusion of sales tax amounts in turnover and total income, even if maintained separately. Consistency in accounting methods was deemed irrelevant without proper presentation. Legal precedents cited were found inapplicable, leading to the affirmation of lower authorities' decisions on income inclusion and deduction disallowance. en-us Wed, 27 Jul 1988 00:00:00 +0530 Thu, 03 Feb 2011 14:28:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64052 The Tribunal affirmed the Income-tax Officer's decision to include sales tax amounts in the total income of the assessee as trading receipts. The disallowance of telephone and car expenses for personal use was upheld, emphasizing the lack of evidence to support the assessee's objections. The Tribunal clarified that section 43B of the Income Tax Act required the inclusion of sales tax amounts in turnover and total income, even if maintained separately. Consistency in accounting methods was deemed irrelevant without proper presentation. Legal precedents cited were found inapplicable, leading to the affirmation of lower authorities' decisions on income inclusion and deduction disallowance. Case-Laws Income Tax Wed, 27 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64052