https://www.taxtmi.com/caselaws?id=418356 The Tribunal partly allowed the appeal by modifying the disallowances on miscellaneous and conveyance expenses to 5%. It directed the Assessing Officer to consider only the gross profit from the stock discrepancies, adjusting for sales returns and other relevant factors, aligning with similar cases within the assessee's group. en-us Thu, 10 Feb 2022 00:00:00 +0530 Tue, 15 Feb 2022 16:29:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418356 The Tribunal partly allowed the appeal by modifying the disallowances on miscellaneous and conveyance expenses to 5%. It directed the Assessing Officer to consider only the gross profit from the stock discrepancies, adjusting for sales returns and other relevant factors, aligning with similar cases within the assessee's group. Case-Laws Income Tax Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418356