https://www.taxtmi.com/caselaws?id=754761 The Tribunal dismissed the Income Tax Officer's appeal and partially allowed the assessee's cross objection, directing the Assessing Officer to calculate the income addition based on the difference in gross profit from tainted versus untainted purchases. The Tribunal upheld the reopening of the assessment, emphasizing the need for accurate determination of income additions. en-us Thu, 27 Jun 2024 00:00:00 +0530 Sat, 29 Jun 2024 09:02:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754761 The Tribunal dismissed the Income Tax Officer's appeal and partially allowed the assessee's cross objection, directing the Assessing Officer to calculate the income addition based on the difference in gross profit from tainted versus untainted purchases. The Tribunal upheld the reopening of the assessment, emphasizing the need for accurate determination of income additions. Case-Laws Income Tax Thu, 27 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754761