https://www.taxtmi.com/caselaws?id=402443 The Tribunal partially allowed the assessee's appeal, directing the deletion of certain additions while confirming others. The Tribunal instructed the AO to delete an addition of Rs. 21,73,478 related to a discrepancy in gross receipts, as well as an addition for salaries and benefits. Additionally, the Tribunal partially upheld a disallowance related to expenses, directing 1/3rd of petrol and diesel expenses to be disallowed. The Tribunal also directed the deletion of an addition concerning a discrepancy in bank balance. en-us Thu, 03 Sep 2020 00:00:00 +0530 Sat, 02 Jan 2021 10:07:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402443 The Tribunal partially allowed the assessee's appeal, directing the deletion of certain additions while confirming others. The Tribunal instructed the AO to delete an addition of Rs. 21,73,478 related to a discrepancy in gross receipts, as well as an addition for salaries and benefits. Additionally, the Tribunal partially upheld a disallowance related to expenses, directing 1/3rd of petrol and diesel expenses to be disallowed. The Tribunal also directed the deletion of an addition concerning a discrepancy in bank balance. Case-Laws Income Tax Thu, 03 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402443