https://www.taxtmi.com/caselaws?id=329911 The Tribunal upheld the CIT(A)'s decisions on all grounds, dismissing the revenue's appeal regarding the deletion of various additions including traveling expenditure involving the assessee's husband, repair expenses for new shops, lower gross profit rate, and unsecured loan outstanding. The Tribunal ruled in favor of the assessee, emphasizing business purposes for expenses and proper maintenance of accounts. The judgment was pronounced on 16/06/2016. en-us Thu, 16 Jun 2016 00:00:00 +0530 Tue, 12 Jul 2016 12:07:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329911 The Tribunal upheld the CIT(A)'s decisions on all grounds, dismissing the revenue's appeal regarding the deletion of various additions including traveling expenditure involving the assessee's husband, repair expenses for new shops, lower gross profit rate, and unsecured loan outstanding. The Tribunal ruled in favor of the assessee, emphasizing business purposes for expenses and proper maintenance of accounts. The judgment was pronounced on 16/06/2016. Case-Laws Income Tax Thu, 16 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329911