https://www.taxtmi.com/caselaws?id=193196 The appeals in the case were allowed, and all additions made by the Assessing Officer were directed to be deleted for the appellants. The Tribunal found that the adoption of unaccounted sales, estimation of gross profit, additions for unaccounted purchases, addition towards payment on retirement from the partnership firm, addition in respect of purchases of chemicals, and addition of gifts as unexplained income were not sustainable due to lack of evidence or justification. en-us Fri, 13 Aug 2010 00:00:00 +0530 Sat, 15 Jul 2017 18:52:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193196 The appeals in the case were allowed, and all additions made by the Assessing Officer were directed to be deleted for the appellants. The Tribunal found that the adoption of unaccounted sales, estimation of gross profit, additions for unaccounted purchases, addition towards payment on retirement from the partnership firm, addition in respect of purchases of chemicals, and addition of gifts as unexplained income were not sustainable due to lack of evidence or justification. Case-Laws Income Tax Fri, 13 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193196