https://www.taxtmi.com/caselaws?id=65344 The Tribunal partly allowed the appeal, upholding the AO's disallowance of depreciation on trolleys due to lack of evidence of actual use in business. It directed a fresh assessment of the trading account addition, emphasizing specific additions based on unrecorded sales. The disallowance of expenses under "quantity discount" and professional fees was deleted by the CIT(A) and upheld by the Tribunal, as both were found to be justified and supported by evidence. en-us Fri, 30 May 2003 00:00:00 +0530 Tue, 19 Jun 2012 14:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65344 The Tribunal partly allowed the appeal, upholding the AO's disallowance of depreciation on trolleys due to lack of evidence of actual use in business. It directed a fresh assessment of the trading account addition, emphasizing specific additions based on unrecorded sales. The disallowance of expenses under "quantity discount" and professional fees was deleted by the CIT(A) and upheld by the Tribunal, as both were found to be justified and supported by evidence. Case-Laws Income Tax Fri, 30 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65344