https://www.taxtmi.com/caselaws?id=382474 The Tribunal partially upheld various additions made by the Assessing Officer, such as disallowances for commission paid, transport charges, various expenses, depreciation on car, warehousing charges, and hamali charges. However, the Tribunal deleted additions for VAT/MVAT netted sales figure discrepancies, addition to closing stock, fall in G.P. ratio, unexplained commission expenses, and purchases from M/s Anil Enterprises under Section 41(1). The decision resulted in partial relief for both parties, emphasizing the significance of proper documentation and justification for expenses and disallowances. en-us Mon, 24 Jun 2019 00:00:00 +0530 Thu, 04 Jul 2019 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382474 The Tribunal partially upheld various additions made by the Assessing Officer, such as disallowances for commission paid, transport charges, various expenses, depreciation on car, warehousing charges, and hamali charges. However, the Tribunal deleted additions for VAT/MVAT netted sales figure discrepancies, addition to closing stock, fall in G.P. ratio, unexplained commission expenses, and purchases from M/s Anil Enterprises under Section 41(1). The decision resulted in partial relief for both parties, emphasizing the significance of proper documentation and justification for expenses and disallowances. Case-Laws Income Tax Mon, 24 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382474