https://www.taxtmi.com/caselaws?id=236151 The Tribunal ruled in favor of the assessee by accepting the condonation of delay in filing the Cross Objection and admitting it for consideration. Regarding the dispute over the trading addition in assessment, the Tribunal found the addition made by the CIT(A) unjustified as there were no specific leakages or shortcomings in the net profit, ultimately deleting the addition and dismissing the Department's appeal while allowing the assessee's Cross Objection. en-us Wed, 24 Jul 2013 00:00:00 +0530 Fri, 16 Aug 2013 09:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236151 The Tribunal ruled in favor of the assessee by accepting the condonation of delay in filing the Cross Objection and admitting it for consideration. Regarding the dispute over the trading addition in assessment, the Tribunal found the addition made by the CIT(A) unjustified as there were no specific leakages or shortcomings in the net profit, ultimately deleting the addition and dismissing the Department's appeal while allowing the assessee's Cross Objection. Case-Laws Income Tax Wed, 24 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236151