https://www.taxtmi.com/caselaws?id=405328 The tribunal partly allowed the appellant's appeal for the assessment year 2014-15, providing relief by reducing the understatement of sales addition and advances from customers. However, additions for expenses reimbursed by IOCL, commission not recorded in books, and TDS on interest payments were upheld. The tribunal clarified the gross profit on diesel and petrol sales and allowed a lump sum profit addition, providing significant relief to the appellant. en-us Mon, 08 Mar 2021 00:00:00 +0530 Thu, 18 Mar 2021 09:31:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405328 The tribunal partly allowed the appellant's appeal for the assessment year 2014-15, providing relief by reducing the understatement of sales addition and advances from customers. However, additions for expenses reimbursed by IOCL, commission not recorded in books, and TDS on interest payments were upheld. The tribunal clarified the gross profit on diesel and petrol sales and allowed a lump sum profit addition, providing significant relief to the appellant. Case-Laws Income Tax Mon, 08 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405328