https://www.taxtmi.com/caselaws?id=68625 The Tribunal confirmed the sustained trading addition of Rs. 24,000, dismissed the addition of Rs. 75,148 in laboratory receipts accounts after accepting technician's affidavit, directed the use of local PWD rates for valuing property in the alleged unexplained investment in house construction, and remanded the disallowance of Rs. 5,200 for personal use of telephone and electricity expenses back to the CIT(A) for a detailed order. The appeal was partly allowed, with decisions varying for each issue based on evidence and legal precedents. en-us Fri, 28 Oct 2005 00:00:00 +0530 Wed, 18 Jul 2012 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68625 The Tribunal confirmed the sustained trading addition of Rs. 24,000, dismissed the addition of Rs. 75,148 in laboratory receipts accounts after accepting technician's affidavit, directed the use of local PWD rates for valuing property in the alleged unexplained investment in house construction, and remanded the disallowance of Rs. 5,200 for personal use of telephone and electricity expenses back to the CIT(A) for a detailed order. The appeal was partly allowed, with decisions varying for each issue based on evidence and legal precedents. Case-Laws Income Tax Fri, 28 Oct 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68625