https://www.taxtmi.com/caselaws?id=180927 The Tribunal provided partial relief to the assessee in the quantum and penalty proceedings for both assessment years. It revised the assessed income, accepted certain sales figures, and disallowed certain expenses. The Tribunal emphasized logical conclusions based on evidence and adherence to legal principles, resulting in the deletion of penalties corresponding to deleted additions. en-us Wed, 16 Nov 2011 00:00:00 +0530 Mon, 04 Apr 2016 16:42:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180927 The Tribunal provided partial relief to the assessee in the quantum and penalty proceedings for both assessment years. It revised the assessed income, accepted certain sales figures, and disallowed certain expenses. The Tribunal emphasized logical conclusions based on evidence and adherence to legal principles, resulting in the deletion of penalties corresponding to deleted additions. Case-Laws Income Tax Wed, 16 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180927