https://www.taxtmi.com/caselaws?id=222118 The Tribunal ruled in favor of the appellant, a computer parts trader, in a tax assessment case. The court found the Assessing Officer's additions of Rs.25 lakhs for unexplained cash credit and Rs.22,47,517 for disallowed expenses unjustified. The CIT(A) and Tribunal both emphasized the appellant's proper accounting practices and genuine transactions, leading to the dismissal of the revenue's appeal and the deletion of the additions. en-us Fri, 15 Feb 2013 00:00:00 +0530 Mon, 15 Apr 2013 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222118 The Tribunal ruled in favor of the appellant, a computer parts trader, in a tax assessment case. The court found the Assessing Officer's additions of Rs.25 lakhs for unexplained cash credit and Rs.22,47,517 for disallowed expenses unjustified. The CIT(A) and Tribunal both emphasized the appellant's proper accounting practices and genuine transactions, leading to the dismissal of the revenue's appeal and the deletion of the additions. Case-Laws Income Tax Fri, 15 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222118