https://www.taxtmi.com/caselaws?id=67094 The Tribunal partially allowed the appeal, deleting the addition of Rs. 5,24,356 for alleged cash payments in contravention of Section 40A(3) and reducing the addition for low gross profit from Rs. 22,270 to Rs. 7,500. The Tribunal directed the Income Tax Officer to recalculate the assessee's income based on these adjustments. en-us Fri, 06 Dec 1985 00:00:00 +0530 Wed, 09 Mar 2011 10:40:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67094 The Tribunal partially allowed the appeal, deleting the addition of Rs. 5,24,356 for alleged cash payments in contravention of Section 40A(3) and reducing the addition for low gross profit from Rs. 22,270 to Rs. 7,500. The Tribunal directed the Income Tax Officer to recalculate the assessee's income based on these adjustments. Case-Laws Income Tax Fri, 06 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67094