https://www.taxtmi.com/caselaws?id=395542 The Tribunal allowed the appeal, setting aside the rejection of books of accounts and the trading addition imposed by the Assessing Officer. It emphasized the lack of specific findings and expert opinions in technical matters, noting the AO's reliance on assumptions without credible evidence. The Tribunal directed the deletion of the trading addition of Rs. 70,00,000/- and upheld the assessee's arguments, ultimately ruling in favor of the assessee. en-us Wed, 11 Mar 2020 00:00:00 +0530 Wed, 27 May 2020 11:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395542 The Tribunal allowed the appeal, setting aside the rejection of books of accounts and the trading addition imposed by the Assessing Officer. It emphasized the lack of specific findings and expert opinions in technical matters, noting the AO's reliance on assumptions without credible evidence. The Tribunal directed the deletion of the trading addition of Rs. 70,00,000/- and upheld the assessee's arguments, ultimately ruling in favor of the assessee. Case-Laws Income Tax Wed, 11 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395542