https://www.taxtmi.com/caselaws?id=298264 The Tribunal allowed both appeals of the assessee, directing the AO to delete the additions made on account of unexplained cash credits, staff welfare expenses during Ramzan, and discrepancies in stock. The Tribunal emphasized the need for evidence-based assessments and cautioned against decisions based on suspicion and presumptions. en-us Tue, 03 Sep 2019 00:00:00 +0530 Fri, 22 Oct 2021 21:25:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298264 The Tribunal allowed both appeals of the assessee, directing the AO to delete the additions made on account of unexplained cash credits, staff welfare expenses during Ramzan, and discrepancies in stock. The Tribunal emphasized the need for evidence-based assessments and cautioned against decisions based on suspicion and presumptions. Case-Laws Income Tax Tue, 03 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298264