https://www.taxtmi.com/caselaws?id=214467 The Tribunal partly allowed the revenue's appeal, upholding the addition under section 40A(3) for cash payments but deleting the additions related to unaccounted purchases and unaccounted net profit from sales. The Tribunal stressed the necessity of concrete evidence and compliance with statutory provisions for such additions, ensuring a fair assessment. en-us Thu, 31 May 2012 00:00:00 +0530 Sat, 30 Jun 2012 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214467 The Tribunal partly allowed the revenue's appeal, upholding the addition under section 40A(3) for cash payments but deleting the additions related to unaccounted purchases and unaccounted net profit from sales. The Tribunal stressed the necessity of concrete evidence and compliance with statutory provisions for such additions, ensuring a fair assessment. Case-Laws Income Tax Thu, 31 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214467