https://www.taxtmi.com/caselaws?id=269878 The Court upheld the ITAT's findings across all issues and ruled in favor of the Assessee, dismissing the appeals without any orders as to cost. The additions made by the AO were deleted in various aspects including undisclosed sales, commodity speculation, inflated purchases, disallowance of advertisement expenditure, unproved transactions, income, expenditure, investments, discrepancies in closing stock, and investment in school building construction. The Court found insufficient evidence to support the AO's additions and concluded that the Assessee's positions were justified. en-us Mon, 23 Nov 2015 00:00:00 +0530 Mon, 18 May 2026 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269878 The Court upheld the ITAT's findings across all issues and ruled in favor of the Assessee, dismissing the appeals without any orders as to cost. The additions made by the AO were deleted in various aspects including undisclosed sales, commodity speculation, inflated purchases, disallowance of advertisement expenditure, unproved transactions, income, expenditure, investments, discrepancies in closing stock, and investment in school building construction. The Court found insufficient evidence to support the AO's additions and concluded that the Assessee's positions were justified. Case-Laws Income Tax Mon, 23 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269878