https://www.taxtmi.com/caselaws?id=291238 The Tribunal dismissed the department's appeal and partially allowed the assessee's appeals for various assessment years. The main issues revolved around additions, deletions, application of provisions under section 145(3), GP rate adjustments, unverifiable purchases, cash purchases, and disallowance of expenses. The Tribunal directed recalculations of trading additions based on revised GP rates and allowed the assessee's grounds related to unverifiable purchases and expenses in different assessment years. en-us Mon, 19 Dec 2011 00:00:00 +0530 Mon, 02 Nov 2020 15:41:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291238 The Tribunal dismissed the department's appeal and partially allowed the assessee's appeals for various assessment years. The main issues revolved around additions, deletions, application of provisions under section 145(3), GP rate adjustments, unverifiable purchases, cash purchases, and disallowance of expenses. The Tribunal directed recalculations of trading additions based on revised GP rates and allowed the assessee's grounds related to unverifiable purchases and expenses in different assessment years. Case-Laws Income Tax Mon, 19 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291238