https://www.taxtmi.com/caselaws?id=117022 ITAT Ahmedabad dealt with multiple income-tax adjustments arising from stock discrepancies, packing material purchases, cash credits, secret commission, expenditure disallowances and deduction claims. The matter concerning suppressed sales or closing stock discrepancy was remanded for fresh verification, while additions for unaccounted packing material purchases and unexplained cash credits were deleted on the facts. Secret commission was held not allowable and the disallowance restored. Travelling and miscellaneous expenses were also remanded for further examination. Deletions relating to packing material expenses and audit fees were sustained, the bad debt claim was disallowed, and deductions under section 80W for professional fees and section 80-I were upheld. en-us Thu, 24 Apr 2003 00:00:00 +0530 Tue, 19 Jun 2012 15:45:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117022 ITAT Ahmedabad dealt with multiple income-tax adjustments arising from stock discrepancies, packing material purchases, cash credits, secret commission, expenditure disallowances and deduction claims. The matter concerning suppressed sales or closing stock discrepancy was remanded for fresh verification, while additions for unaccounted packing material purchases and unexplained cash credits were deleted on the facts. Secret commission was held not allowable and the disallowance restored. Travelling and miscellaneous expenses were also remanded for further examination. Deletions relating to packing material expenses and audit fees were sustained, the bad debt claim was disallowed, and deductions under section 80W for professional fees and section 80-I were upheld. Case-Laws Income Tax Thu, 24 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117022