https://www.taxtmi.com/caselaws?id=424264 The Tribunal dismissed all three appeals by the Revenue, affirming the CIT(A)'s decision to restrict additions on unaccounted sales and delete additions on undisclosed stock. The Tribunal upheld the presumption of truthfulness in the seized documents and directed the Assessing Officer not to disregard unaccounted expenses leading to net losses for the assessment years. en-us Thu, 16 Jun 2022 00:00:00 +0530 Sat, 25 Jun 2022 09:20:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424264 The Tribunal dismissed all three appeals by the Revenue, affirming the CIT(A)'s decision to restrict additions on unaccounted sales and delete additions on undisclosed stock. The Tribunal upheld the presumption of truthfulness in the seized documents and directed the Assessing Officer not to disregard unaccounted expenses leading to net losses for the assessment years. Case-Laws Income Tax Thu, 16 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424264