https://www.taxtmi.com/caselaws?id=281983 The ITAT dismissed the Revenue's appeal and partly allowed the assessee's cross-objection. The additions on account of unexplained investments, undervaluation of closing stock, motor car expenses, and depreciation were either deleted or reduced following detailed analysis by the CIT(A) and in line with judicial precedents. The ITAT upheld the CIT(A)'s decisions, emphasizing the correctness and reasonableness of the quantifications. The final order was pronounced on 26.11.2018. en-us Mon, 26 Nov 2018 00:00:00 +0530 Tue, 16 Jul 2019 07:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281983 The ITAT dismissed the Revenue's appeal and partly allowed the assessee's cross-objection. The additions on account of unexplained investments, undervaluation of closing stock, motor car expenses, and depreciation were either deleted or reduced following detailed analysis by the CIT(A) and in line with judicial precedents. The ITAT upheld the CIT(A)'s decisions, emphasizing the correctness and reasonableness of the quantifications. The final order was pronounced on 26.11.2018. Case-Laws Income Tax Mon, 26 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281983