https://www.taxtmi.com/caselaws?id=264291 The Tribunal dismissed the Revenue's appeals, upholding the Commissioner of Income Tax (Appeals)'s decisions for both assessment years. The Tribunal supported the use of actual bank deposits and cash flow statements for income computation over estimated figures. Additionally, the Tribunal affirmed the treatment of scrap sales and the allowance of fresh evidence related to unaccounted income from the previous year. en-us Fri, 28 Aug 2015 00:00:00 +0530 Tue, 22 Sep 2015 06:54:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264291 The Tribunal dismissed the Revenue's appeals, upholding the Commissioner of Income Tax (Appeals)'s decisions for both assessment years. The Tribunal supported the use of actual bank deposits and cash flow statements for income computation over estimated figures. Additionally, the Tribunal affirmed the treatment of scrap sales and the allowance of fresh evidence related to unaccounted income from the previous year. Case-Laws Income Tax Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264291