https://www.taxtmi.com/caselaws?id=303169 The High Court upheld the decisions of the CIT(A) and ITAT in a tax matter involving various additions and accommodations. The court confirmed the computation of income at 0.25% on total turnover for accommodation entries, deleted additions for cash payments exceeding Rs. 20,000 as they were only paper entries, and upheld deletions of office, rent, printing and stationery, and salary expenses due to lack of supporting evidence. Additionally, the court dismissed appeals regarding the acceptance of fresh evidence by CIT(A) without giving an opportunity to the Assessing Officer, finding no substantial question of law. en-us Mon, 09 Dec 2013 00:00:00 +0530 Thu, 07 Jul 2022 11:02:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303169 The High Court upheld the decisions of the CIT(A) and ITAT in a tax matter involving various additions and accommodations. The court confirmed the computation of income at 0.25% on total turnover for accommodation entries, deleted additions for cash payments exceeding Rs. 20,000 as they were only paper entries, and upheld deletions of office, rent, printing and stationery, and salary expenses due to lack of supporting evidence. Additionally, the court dismissed appeals regarding the acceptance of fresh evidence by CIT(A) without giving an opportunity to the Assessing Officer, finding no substantial question of law. Case-Laws Income Tax Mon, 09 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303169