https://www.taxtmi.com/caselaws?id=375016 The Tribunal addressed disputed additions made by the Assessing Officer for assessment year 2014-15. The Tribunal directed the AO to delete unjustified additions of labor expenses and low household withdrawal, finding them lacking proper basis. The appeal was partly allowed due to lack of valid reasoning for the additions. Additionally, the Tribunal affirmed the decision not to reduce total income by excess stock amount and partly allowed the appeal concerning shop expenses and unexplained investment, which were deemed unjustified. en-us Mon, 11 Feb 2019 00:00:00 +0530 Wed, 13 Feb 2019 06:09:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375016 The Tribunal addressed disputed additions made by the Assessing Officer for assessment year 2014-15. The Tribunal directed the AO to delete unjustified additions of labor expenses and low household withdrawal, finding them lacking proper basis. The appeal was partly allowed due to lack of valid reasoning for the additions. Additionally, the Tribunal affirmed the decision not to reduce total income by excess stock amount and partly allowed the appeal concerning shop expenses and unexplained investment, which were deemed unjustified. Case-Laws Income Tax Mon, 11 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375016