https://www.taxtmi.com/caselaws?id=242017 The Tribunal upheld the Commissioner of Income Tax (Appeals) decision to restrict the addition to the assessee's income due to discrepancies in the balance-sheet to Rs. 27,00,172/-. It also confirmed the deletion of the profit estimation addition based on revised trading results. Additionally, the Tribunal upheld the disallowance under section 40(a)(ia) of the Income Tax Act, 1961, rejecting the assessee's claim and dismissing both the Revenue's appeal and the assessee's cross-objection. en-us Fri, 03 Jan 2014 00:00:00 +0530 Sat, 28 Mar 2015 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242017 The Tribunal upheld the Commissioner of Income Tax (Appeals) decision to restrict the addition to the assessee's income due to discrepancies in the balance-sheet to Rs. 27,00,172/-. It also confirmed the deletion of the profit estimation addition based on revised trading results. Additionally, the Tribunal upheld the disallowance under section 40(a)(ia) of the Income Tax Act, 1961, rejecting the assessee's claim and dismissing both the Revenue's appeal and the assessee's cross-objection. Case-Laws Income Tax Fri, 03 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242017