https://www.taxtmi.com/caselaws?id=213622 The Tribunal partially allowed the appeal, reducing the addition under Section 69C from Rs.47,72,525 to Rs.3,00,000. It found that the entire negative stock amount could not be treated as unexplained expenditure and considered the assessee's profit history. The Tribunal emphasized the need for a reasonable addition based on the circumstances. The appeal was partly allowed, and the decision was rendered on 20.10.2011. en-us Thu, 20 Oct 2011 00:00:00 +0530 Tue, 24 Apr 2012 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213622 The Tribunal partially allowed the appeal, reducing the addition under Section 69C from Rs.47,72,525 to Rs.3,00,000. It found that the entire negative stock amount could not be treated as unexplained expenditure and considered the assessee's profit history. The Tribunal emphasized the need for a reasonable addition based on the circumstances. The appeal was partly allowed, and the decision was rendered on 20.10.2011. Case-Laws Income Tax Thu, 20 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213622