https://www.taxtmi.com/caselaws?id=119054 The Tribunal upheld the CIT(A)'s decisions on all issues, dismissing appeals by both the revenue and the assessee. The additions under sundry creditors and other creditors, understatement of gross profit, debts due from old customers, and club membership fee disallowance were all ruled in favor of the assessee, with the Tribunal finding the Assessing Officer's additions unwarranted or incorrectly calculated. en-us Mon, 25 Apr 2005 00:00:00 +0530 Sat, 07 Jul 2012 16:49:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119054 The Tribunal upheld the CIT(A)'s decisions on all issues, dismissing appeals by both the revenue and the assessee. The additions under sundry creditors and other creditors, understatement of gross profit, debts due from old customers, and club membership fee disallowance were all ruled in favor of the assessee, with the Tribunal finding the Assessing Officer's additions unwarranted or incorrectly calculated. Case-Laws Income Tax Mon, 25 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119054