https://www.taxtmi.com/caselaws?id=71756 The Tribunal found in favor of the assessee, holding that the addition of Rs. 47,908 to the trading account was unjustified. The Tribunal accepted the assessee's explanation regarding purchases and yields, noting the confusion in the accounts and the reasonableness of the average yield rate. It was concluded that there was no evidence of yield manipulation by the assessee, leading to the deletion of the addition. As a result, the appeal was allowed, and the addition was removed from the trading account. en-us Tue, 25 Jan 1983 00:00:00 +0530 Tue, 26 Apr 2011 18:26:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71756 The Tribunal found in favor of the assessee, holding that the addition of Rs. 47,908 to the trading account was unjustified. The Tribunal accepted the assessee's explanation regarding purchases and yields, noting the confusion in the accounts and the reasonableness of the average yield rate. It was concluded that there was no evidence of yield manipulation by the assessee, leading to the deletion of the addition. As a result, the appeal was allowed, and the addition was removed from the trading account. Case-Laws Income Tax Tue, 25 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71756