https://www.taxtmi.com/caselaws?id=68503 The ITAT Jodhpur ruled in favor of the assessee in an appeal against adjustments made by the AO under s. 143(1)(a) of the Income Tax Act. The Tribunal found that the adjustments, including the addition of bonus and sales taxes to income, were not valid as they were based on advance payments not reflected in the Profit and Loss account. Citing legal precedents and jurisdictional issues, the Tribunal set aside the CIT(A)'s order, canceling the adjustments and emphasizing the importance of proper assessment procedures and adherence to legal principles in income tax matters. en-us Fri, 30 Apr 2004 00:00:00 +0530 Wed, 30 Mar 2011 17:05:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68503 The ITAT Jodhpur ruled in favor of the assessee in an appeal against adjustments made by the AO under s. 143(1)(a) of the Income Tax Act. The Tribunal found that the adjustments, including the addition of bonus and sales taxes to income, were not valid as they were based on advance payments not reflected in the Profit and Loss account. Citing legal precedents and jurisdictional issues, the Tribunal set aside the CIT(A)'s order, canceling the adjustments and emphasizing the importance of proper assessment procedures and adherence to legal principles in income tax matters. Case-Laws Income Tax Fri, 30 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68503