https://www.taxtmi.com/caselaws?id=434755 The Tribunal upheld the CIT(A)'s decisions on all issues, dismissing the Revenue's appeal. The additions for unexplained cash credits, rejection of books of accounts, estimated profit on Work-in-Progress, unexplained credits, and disallowance of labor expenses were deleted based on explanations provided by the assessee, emphasizing consistency, proper documentation, and reasonable judgment in the absence of complete records. en-us Wed, 15 Feb 2023 00:00:00 +0530 Fri, 03 Mar 2023 08:37:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434755 The Tribunal upheld the CIT(A)'s decisions on all issues, dismissing the Revenue's appeal. The additions for unexplained cash credits, rejection of books of accounts, estimated profit on Work-in-Progress, unexplained credits, and disallowance of labor expenses were deleted based on explanations provided by the assessee, emphasizing consistency, proper documentation, and reasonable judgment in the absence of complete records. Case-Laws Income Tax Wed, 15 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434755