https://www.taxtmi.com/caselaws?id=67320 The Tribunal allowed the appeal, ruling in favor of the assessee on all grounds. The lumpsum addition in the trading account was reduced from Rs. 6,000 to Rs. 2,000, specifically in the 'Arhar Dal' account, due to lower yield explained as milling old stock infested by insects. Disallowance of messing expenses was overturned as legitimate business expenditure. Additionally, the addition on account of low withdrawals in Partners' accounts was deleted, emphasizing the firm's non-liability to explain partners' household expenses. en-us Thu, 09 Aug 1979 00:00:00 +0530 Thu, 10 Mar 2011 10:35:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67320 The Tribunal allowed the appeal, ruling in favor of the assessee on all grounds. The lumpsum addition in the trading account was reduced from Rs. 6,000 to Rs. 2,000, specifically in the 'Arhar Dal' account, due to lower yield explained as milling old stock infested by insects. Disallowance of messing expenses was overturned as legitimate business expenditure. Additionally, the addition on account of low withdrawals in Partners' accounts was deleted, emphasizing the firm's non-liability to explain partners' household expenses. Case-Laws Income Tax Thu, 09 Aug 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67320