https://www.taxtmi.com/caselaws?id=375566 The appeal was allowed, and the orders of the lower authorities were overturned. The Judicial Member found all additions of expenses totaling Rs. 12 lacs, Rs. 6 lacs, and Rs. 1,45,136/- for the assessment year 2015-2016 to be unjustified. The assessee provided detailed evidence and full disclosure of expenses, with no specific deficiencies noted by the assessing officer. The higher profit rate for the year further supported the conclusion that the additions were inappropriate. en-us Tue, 19 Feb 2019 00:00:00 +0530 Wed, 20 Feb 2019 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375566 The appeal was allowed, and the orders of the lower authorities were overturned. The Judicial Member found all additions of expenses totaling Rs. 12 lacs, Rs. 6 lacs, and Rs. 1,45,136/- for the assessment year 2015-2016 to be unjustified. The assessee provided detailed evidence and full disclosure of expenses, with no specific deficiencies noted by the assessing officer. The higher profit rate for the year further supported the conclusion that the additions were inappropriate. Case-Laws Income Tax Tue, 19 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375566