https://www.taxtmi.com/caselaws?id=203890 The High Court upheld the Tribunal's decision to add Rs. 2,30,000 for marriage expenses and Rs. 2,00,000 for low household expenses due to lack of reliable accounts. The Court also remanded the matter to the Assessing Officer for reassessment under Section 145(2) for stock valuation. The Court found the Tribunal's decision reasonable and dismissed the appeal, ruling in favor of the revenue. en-us Wed, 19 Jan 2011 00:00:00 +0530 Tue, 11 Dec 2012 15:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203890 The High Court upheld the Tribunal's decision to add Rs. 2,30,000 for marriage expenses and Rs. 2,00,000 for low household expenses due to lack of reliable accounts. The Court also remanded the matter to the Assessing Officer for reassessment under Section 145(2) for stock valuation. The Court found the Tribunal's decision reasonable and dismissed the appeal, ruling in favor of the revenue. Case-Laws Income Tax Wed, 19 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203890