https://www.taxtmi.com/caselaws?id=255766 The Tribunal upheld the deletion of various additions by the CIT(A) in a tax dispute, including those related to a fall in the gross profit rate, deposits treated as bogus under Section 68, capital subsidy on sales tax, stock valuation, VRS expenses, warranty claims, insurance expenses, TDS deductions, cessation of liability, foreign travel expenses, vehicle running and maintenance expenses, telephone expenses, entertainment expenses, demurrage charges, and sales and business promotion expenses. The Tribunal partly allowed the Revenue's appeal for statistical purposes and dismissed the assessee's cross-objection. en-us Mon, 19 Jan 2015 00:00:00 +0530 Sat, 24 Jan 2015 13:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255766 The Tribunal upheld the deletion of various additions by the CIT(A) in a tax dispute, including those related to a fall in the gross profit rate, deposits treated as bogus under Section 68, capital subsidy on sales tax, stock valuation, VRS expenses, warranty claims, insurance expenses, TDS deductions, cessation of liability, foreign travel expenses, vehicle running and maintenance expenses, telephone expenses, entertainment expenses, demurrage charges, and sales and business promotion expenses. The Tribunal partly allowed the Revenue's appeal for statistical purposes and dismissed the assessee's cross-objection. Case-Laws Income Tax Mon, 19 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255766