https://www.taxtmi.com/caselaws?id=264239 The court upheld the addition to the closing stock, disallowed lease commitment charges and donations, upheld the addition towards unrecorded sales and unexplained investments, remitted the issue of repairs on a leased building back to the Assessing Officer, allowed the validity of assessment in the absence of incriminating material, deleted the addition for unexplained expenditure, remitted the disallowance of repairs back to the AO, directed consideration of the claim of set-off of brought forward loss, upheld additions for unrecorded sales and unexplained investments, partly allowed the addition of unexplained money, and dismissed the addition of unexplained jewelry. The appeals were disposed of with various grounds being dismissed, partly allowed, or remitted back to the AO for fresh consideration. en-us Fri, 28 Aug 2015 00:00:00 +0530 Mon, 21 Sep 2015 10:54:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264239 The court upheld the addition to the closing stock, disallowed lease commitment charges and donations, upheld the addition towards unrecorded sales and unexplained investments, remitted the issue of repairs on a leased building back to the Assessing Officer, allowed the validity of assessment in the absence of incriminating material, deleted the addition for unexplained expenditure, remitted the disallowance of repairs back to the AO, directed consideration of the claim of set-off of brought forward loss, upheld additions for unrecorded sales and unexplained investments, partly allowed the addition of unexplained money, and dismissed the addition of unexplained jewelry. The appeals were disposed of with various grounds being dismissed, partly allowed, or remitted back to the AO for fresh consideration. Case-Laws Income Tax Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264239