https://www.taxtmi.com/caselaws?id=239088 The Tribunal allowed the appeal of the assessee, upholding the claims for stock write-offs and losses incurred during the relevant assessment year. The decision was based on the appellant's consistent accounting practices, justifiable business decisions, and the absence of contradictory material from revenue authorities. The Tribunal emphasized the appellant's adherence to accounting policies, previous successful appeals, and the appellant's ability to substantiate losses, leading to the allowance of the claims. en-us Wed, 04 Sep 2013 00:00:00 +0530 Wed, 06 Nov 2013 07:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239088 The Tribunal allowed the appeal of the assessee, upholding the claims for stock write-offs and losses incurred during the relevant assessment year. The decision was based on the appellant's consistent accounting practices, justifiable business decisions, and the absence of contradictory material from revenue authorities. The Tribunal emphasized the appellant's adherence to accounting policies, previous successful appeals, and the appellant's ability to substantiate losses, leading to the allowance of the claims. Case-Laws Income Tax Wed, 04 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239088