https://www.taxtmi.com/caselaws?id=330587 The Tribunal upheld the CIT(A)'s decisions to delete the disallowance of remuneration to partners, the addition on account of profit element in sales returns, and the restriction of disallowance of transportation expenses. Regarding the unexplained investment in construction, the Tribunal partially allowed the Revenue's appeal, remanding the matter back to the AO for recomputation. The overall appeal of the Revenue was partly allowed for statistical purposes. en-us Mon, 13 Jun 2016 00:00:00 +0530 Fri, 12 Aug 2016 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330587 The Tribunal upheld the CIT(A)'s decisions to delete the disallowance of remuneration to partners, the addition on account of profit element in sales returns, and the restriction of disallowance of transportation expenses. Regarding the unexplained investment in construction, the Tribunal partially allowed the Revenue's appeal, remanding the matter back to the AO for recomputation. The overall appeal of the Revenue was partly allowed for statistical purposes. Case-Laws Income Tax Mon, 13 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330587