https://www.taxtmi.com/caselaws?id=70560 The ITAT Madras allowed the appeal by the assessee, holding that the addition of Rs. 37,320 was not justified due to low gross profit and non-maintenance of stock registers, as the lack of daily stock register did not imply sales suppression. en-us Thu, 21 Feb 1980 00:00:00 +0530 Mon, 18 Apr 2011 10:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70560 The ITAT Madras allowed the appeal by the assessee, holding that the addition of Rs. 37,320 was not justified due to low gross profit and non-maintenance of stock registers, as the lack of daily stock register did not imply sales suppression. Case-Laws Income Tax Thu, 21 Feb 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70560