https://www.taxtmi.com/caselaws?id=172867 The Tribunal upheld the Assessing Officer's actions in rejecting audited books of account under section 145(3) due to identified defects, including underreporting of rice yield and sales, undervaluing stock, and adhoc expense disallowance. The additions on account of low rice yield, rice bran yield, husk sales, bardana stock value, and adhoc expense disallowance were confirmed. Both the assessee and Revenue appeals were dismissed, affirming the CIT(A)'s findings. en-us Mon, 19 Mar 2012 00:00:00 +0530 Wed, 02 Sep 2015 16:25:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172867 The Tribunal upheld the Assessing Officer's actions in rejecting audited books of account under section 145(3) due to identified defects, including underreporting of rice yield and sales, undervaluing stock, and adhoc expense disallowance. The additions on account of low rice yield, rice bran yield, husk sales, bardana stock value, and adhoc expense disallowance were confirmed. Both the assessee and Revenue appeals were dismissed, affirming the CIT(A)'s findings. Case-Laws Income Tax Mon, 19 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172867