https://www.taxtmi.com/caselaws?id=274134 The Court upheld the Tribunal's decisions favoring the assessee and dismissing the department's appeal. Substantial questions of law were framed regarding inventories, expenses deductions, and miscellaneous expenses. The Tribunal's rulings were supported by accounting principles and legal precedents, leading to favorable outcomes for the assessee. The Court referred to previous appeals to justify decisions on expense deductions, ultimately ruling in favor of the assessee and dismissing the appeal based on the provided reasoning. en-us Tue, 23 May 2017 00:00:00 +0530 Tue, 31 Jul 2018 07:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274134 The Court upheld the Tribunal's decisions favoring the assessee and dismissing the department's appeal. Substantial questions of law were framed regarding inventories, expenses deductions, and miscellaneous expenses. The Tribunal's rulings were supported by accounting principles and legal precedents, leading to favorable outcomes for the assessee. The Court referred to previous appeals to justify decisions on expense deductions, ultimately ruling in favor of the assessee and dismissing the appeal based on the provided reasoning. Case-Laws Income Tax Tue, 23 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274134