https://www.taxtmi.com/caselaws?id=172092 The ITAT allowed the assessee's appeal for A.Y. 1994-95, determining the final income for the first period at Rs. 1,83,770. The appeal for A.Y. 1996-97 was partly allowed, with additions on unrecorded purchases and lower gross profit rate deleted. The revenue's appeals for both years were dismissed, and the levy of interest u/s 234B was deemed consequential. en-us Fri, 18 Oct 2013 00:00:00 +0530 Tue, 11 Aug 2015 19:29:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172092 The ITAT allowed the assessee's appeal for A.Y. 1994-95, determining the final income for the first period at Rs. 1,83,770. The appeal for A.Y. 1996-97 was partly allowed, with additions on unrecorded purchases and lower gross profit rate deleted. The revenue's appeals for both years were dismissed, and the levy of interest u/s 234B was deemed consequential. Case-Laws Income Tax Fri, 18 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172092