https://www.taxtmi.com/caselaws?id=68576 The Tribunal allowed the appeal raised by the assessee against additions made by the AO and confirmed by the CIT(A) for the assessment year 1995-96. The Tribunal found the additions unjustified as the AO failed to provide reasonable grounds or identify specific defects in the rejected books of account. It directed the AO to accept the books of account. Other grounds of appeal were dismissed as not pursued. Consequently, the appeal was partly allowed, overturning the additions due to lack of proper justification and failure to identify specific defects in the books of account. en-us Tue, 29 Jun 2004 00:00:00 +0530 Mon, 09 Jul 2012 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68576 The Tribunal allowed the appeal raised by the assessee against additions made by the AO and confirmed by the CIT(A) for the assessment year 1995-96. The Tribunal found the additions unjustified as the AO failed to provide reasonable grounds or identify specific defects in the rejected books of account. It directed the AO to accept the books of account. Other grounds of appeal were dismissed as not pursued. Consequently, the appeal was partly allowed, overturning the additions due to lack of proper justification and failure to identify specific defects in the books of account. Case-Laws Income Tax Tue, 29 Jun 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68576