https://www.taxtmi.com/caselaws?id=436014 The Tribunal partly allowed the appeal, directing that only 25% of the profit on excess sales be taxed as business income under normal provisions, rather than the entire amount treated as unexplained cash credit under Section 68 and taxed under Section 115BBE. The rejection of books of accounts was considered academic due to the partial allowance of the appeal. en-us Thu, 30 Mar 2023 00:00:00 +0530 Sat, 01 Apr 2023 08:22:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436014 The Tribunal partly allowed the appeal, directing that only 25% of the profit on excess sales be taxed as business income under normal provisions, rather than the entire amount treated as unexplained cash credit under Section 68 and taxed under Section 115BBE. The rejection of books of accounts was considered academic due to the partial allowance of the appeal. Case-Laws Income Tax Thu, 30 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436014