https://www.taxtmi.com/caselaws?id=257711 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on both issues. The disallowance of unexplained expenditure was restricted to 0.25% of the sales, and the disallowance of depreciation on over-invoiced assets was deleted, following the precedents set in earlier assessment years. en-us Tue, 10 Mar 2015 00:00:00 +0530 Fri, 20 Mar 2015 02:51:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257711 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on both issues. The disallowance of unexplained expenditure was restricted to 0.25% of the sales, and the disallowance of depreciation on over-invoiced assets was deleted, following the precedents set in earlier assessment years. Case-Laws Income Tax Tue, 10 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257711