https://www.taxtmi.com/caselaws?id=68472 The Appellate Tribunal ITAT Jodhpur dismissed the Revenue's appeal, upholding the decisions made by the CIT(A) regarding the trading addition, allowance of losses in trading accounts, and deletion of addition due to understatement of closing stock for the relevant assessment year. The Tribunal found the deletions by CIT(A) to be justified in all three issues, declining to interfere with the decisions based on the explanations provided by the assessee and the lack of new evidence supporting the Revenue's claims. en-us Mon, 25 Nov 2002 00:00:00 +0530 Wed, 30 Mar 2011 15:59:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68472 The Appellate Tribunal ITAT Jodhpur dismissed the Revenue's appeal, upholding the decisions made by the CIT(A) regarding the trading addition, allowance of losses in trading accounts, and deletion of addition due to understatement of closing stock for the relevant assessment year. The Tribunal found the deletions by CIT(A) to be justified in all three issues, declining to interfere with the decisions based on the explanations provided by the assessee and the lack of new evidence supporting the Revenue's claims. Case-Laws Income Tax Mon, 25 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68472