https://www.taxtmi.com/caselaws?id=71151 The Tribunal partially allowed the appeal, directing the Income-tax Officer to modify the assessment. It upheld the renewal of registration based on the timely submission of form No.12, deleted the addition of Rs. 1,181 for sales tax due to the mercantile method of accounting, confirmed the disallowance of Rs. 3,000 in the salary account, allowed shop rent at Rs. 2,500 for consistency, and reduced additions in diesel and mobil accounts based on partially unvouched expenses and reasonable profits. en-us Sat, 21 Jan 1978 00:00:00 +0530 Thu, 21 Apr 2011 16:14:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71151 The Tribunal partially allowed the appeal, directing the Income-tax Officer to modify the assessment. It upheld the renewal of registration based on the timely submission of form No.12, deleted the addition of Rs. 1,181 for sales tax due to the mercantile method of accounting, confirmed the disallowance of Rs. 3,000 in the salary account, allowed shop rent at Rs. 2,500 for consistency, and reduced additions in diesel and mobil accounts based on partially unvouched expenses and reasonable profits. Case-Laws Income Tax Sat, 21 Jan 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71151