https://www.taxtmi.com/caselaws?id=14264 The court remanded the computation of deductions for expenses in the tailoring business to the Income-tax Officer, directing a 25% deduction towards expenses. It upheld the decision on the set off of additions to business income against undisclosed investments and cash deposits, ruling in favor of the Revenue and against the assessee. en-us Tue, 10 Apr 2001 00:00:00 +0530 Tue, 14 Jul 2009 17:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14264 The court remanded the computation of deductions for expenses in the tailoring business to the Income-tax Officer, directing a 25% deduction towards expenses. It upheld the decision on the set off of additions to business income against undisclosed investments and cash deposits, ruling in favor of the Revenue and against the assessee. Case-Laws Income Tax Tue, 10 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14264