https://www.taxtmi.com/caselaws?id=186712 The Tribunal granted partial relief to the assessee by reducing the addition of unaccounted sales to Rs. 1,00,000 due to lack of concrete evidence. The addition based on DVO valuation was deleted following precedents. Assessments under Section 143(3) were upheld, dismissing the argument for Section 153A(b) application. Interest levy under Sections 234B and 234C was upheld. Some grounds were not pressed and dismissed. Household expenses estimation additions were upheld, and unaccounted expenditure addition was not pressed. Overall, the Tribunal partly allowed or dismissed appeals based on legal principles and procedural compliance. en-us Tue, 29 Oct 2013 00:00:00 +0530 Fri, 04 Nov 2016 14:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186712 The Tribunal granted partial relief to the assessee by reducing the addition of unaccounted sales to Rs. 1,00,000 due to lack of concrete evidence. The addition based on DVO valuation was deleted following precedents. Assessments under Section 143(3) were upheld, dismissing the argument for Section 153A(b) application. Interest levy under Sections 234B and 234C was upheld. Some grounds were not pressed and dismissed. Household expenses estimation additions were upheld, and unaccounted expenditure addition was not pressed. Overall, the Tribunal partly allowed or dismissed appeals based on legal principles and procedural compliance. Case-Laws Income Tax Tue, 29 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186712