https://www.taxtmi.com/caselaws?id=235898 The High Court upheld the Tribunal's decision to dismiss the Revenue's appeal and allow the cross-objection of the assessee, resulting in the deletion of additions related to the country liquor and IMFL business. Emphasizing the significance of past history in profit assessment, the Court supported the Tribunal's decision based on the improved performance of the assessee. The appeal was dismissed, affirming the Tribunal's ruling in favor of the assessee. en-us Tue, 15 Jan 2013 00:00:00 +0530 Thu, 08 Aug 2013 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235898 The High Court upheld the Tribunal's decision to dismiss the Revenue's appeal and allow the cross-objection of the assessee, resulting in the deletion of additions related to the country liquor and IMFL business. Emphasizing the significance of past history in profit assessment, the Court supported the Tribunal's decision based on the improved performance of the assessee. The appeal was dismissed, affirming the Tribunal's ruling in favor of the assessee. Case-Laws Income Tax Tue, 15 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235898