https://www.taxtmi.com/caselaws?id=68148 The ITAT Jaipur allowed the appeal in favor of the assessee for the assessment year 1990-91. The estimation of yield and sales price was contested, with the Assessing Officer's addition of Rs. 1,02,711 being reduced by CIT(A) from 25% to 22%. The ITAT upheld the assessee's arguments based on historical data and industry practices, deleting the trading addition entirely. Additionally, the ITAT reversed the disallowance of Rs. 500 from miscellaneous expenses, emphasizing the need for objective review of expenses. en-us Tue, 06 Dec 1994 00:00:00 +0530 Thu, 17 Mar 2011 12:55:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68148 The ITAT Jaipur allowed the appeal in favor of the assessee for the assessment year 1990-91. The estimation of yield and sales price was contested, with the Assessing Officer's addition of Rs. 1,02,711 being reduced by CIT(A) from 25% to 22%. The ITAT upheld the assessee's arguments based on historical data and industry practices, deleting the trading addition entirely. Additionally, the ITAT reversed the disallowance of Rs. 500 from miscellaneous expenses, emphasizing the need for objective review of expenses. Case-Laws Income Tax Tue, 06 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68148