https://www.taxtmi.com/caselaws?id=270868 The Tribunal upheld the CIT(A)'s decisions regarding the treatment of unaccounted sales, deficit cash, and surplus stock. It dismissed the Revenue's appeal and the assessee's cross-objection, emphasizing the need to consider profit embedded in sales after deducting expenditure as income. The Tribunal found no grounds for additional additions, accepting the explanations provided and the evidence presented by the assessee. The decisions were deemed fair and in adherence to legal principles, resulting in the maintenance of the CIT(A)'s rulings on the tax issues raised. en-us Thu, 29 Oct 2015 00:00:00 +0530 Tue, 19 Jan 2016 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270868 The Tribunal upheld the CIT(A)'s decisions regarding the treatment of unaccounted sales, deficit cash, and surplus stock. It dismissed the Revenue's appeal and the assessee's cross-objection, emphasizing the need to consider profit embedded in sales after deducting expenditure as income. The Tribunal found no grounds for additional additions, accepting the explanations provided and the evidence presented by the assessee. The decisions were deemed fair and in adherence to legal principles, resulting in the maintenance of the CIT(A)'s rulings on the tax issues raised. Case-Laws Income Tax Thu, 29 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270868