https://www.taxtmi.com/caselaws?id=198913 The Tribunal allowed the appeal, deleting additions made to the Trading Account and under section 41(1) of the Income Tax Act. Emphasizing the need for material evidence and identification of defects in the books of account before making such additions, the Tribunal ruled in favor of the assessee on 12/04/2016. en-us Tue, 12 Apr 2016 00:00:00 +0530 Tue, 13 Feb 2018 06:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198913 The Tribunal allowed the appeal, deleting additions made to the Trading Account and under section 41(1) of the Income Tax Act. Emphasizing the need for material evidence and identification of defects in the books of account before making such additions, the Tribunal ruled in favor of the assessee on 12/04/2016. Case-Laws Income Tax Tue, 12 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198913