https://www.taxtmi.com/caselaws?id=344598 The Tribunal upheld the Commissioner of Income Tax (Appeals) decisions in favor of the assessee regarding the valuation of closing stock, contribution towards an unapproved gratuity fund, and disallowance of legal and professional charges. The Tribunal found no fault in the CIT(A)'s reasoning and methods, dismissing the Department's appeal and allowing the assessee's appeal in all three issues. en-us Mon, 17 Apr 2017 00:00:00 +0530 Wed, 21 Jun 2017 09:21:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344598 The Tribunal upheld the Commissioner of Income Tax (Appeals) decisions in favor of the assessee regarding the valuation of closing stock, contribution towards an unapproved gratuity fund, and disallowance of legal and professional charges. The Tribunal found no fault in the CIT(A)'s reasoning and methods, dismissing the Department's appeal and allowing the assessee's appeal in all three issues. Case-Laws Income Tax Mon, 17 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344598