https://www.taxtmi.com/caselaws?id=219623 The Tribunal dismissed all appeals of the Department and cross objections of the assessee except for the claim under Section 10B, which was partly allowed and remanded for fresh consideration. The Tribunal upheld the Commissioner's decisions on various issues, including deletion of additions towards inadequate drawings, assessment under 'other sources' instead of Section 69B, deletion of addition towards unexplained cash, sustaining de-novo assessment under Section 153(A), and denial of liability to interest under Section 234B. The Tribunal also directed the Commissioner to reconsider the claim for deduction under Section 10B based on the merits of the case. en-us Mon, 23 Jul 2012 00:00:00 +0530 Wed, 19 Dec 2012 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219623 The Tribunal dismissed all appeals of the Department and cross objections of the assessee except for the claim under Section 10B, which was partly allowed and remanded for fresh consideration. The Tribunal upheld the Commissioner's decisions on various issues, including deletion of additions towards inadequate drawings, assessment under 'other sources' instead of Section 69B, deletion of addition towards unexplained cash, sustaining de-novo assessment under Section 153(A), and denial of liability to interest under Section 234B. The Tribunal also directed the Commissioner to reconsider the claim for deduction under Section 10B based on the merits of the case. Case-Laws Income Tax Mon, 23 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219623