https://www.taxtmi.com/caselaws?id=55355 The Tribunal partly allowed seven appeals filed by the assessees, granting relief on various grounds. It criticized the conduct of the Departmental Representative for requesting adjournments and misrepresenting facts. The Tribunal addressed issues like double additions in firms' cases, allocation of excess stock, unexplained assets, household expenses, and unaccounted investments. It deleted unjustified additions for silver utensils and unexplained cash. Additionally, it dismissed the issue of unaccounted investments in shops and denied capital gains in a specific case. The Tribunal's decision favored the assessees on multiple points while rejecting others, directing the order's copies to relevant authorities. en-us Tue, 03 Aug 1999 00:00:00 +0530 Fri, 20 Jan 2012 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55355 The Tribunal partly allowed seven appeals filed by the assessees, granting relief on various grounds. It criticized the conduct of the Departmental Representative for requesting adjournments and misrepresenting facts. The Tribunal addressed issues like double additions in firms' cases, allocation of excess stock, unexplained assets, household expenses, and unaccounted investments. It deleted unjustified additions for silver utensils and unexplained cash. Additionally, it dismissed the issue of unaccounted investments in shops and denied capital gains in a specific case. The Tribunal's decision favored the assessees on multiple points while rejecting others, directing the order's copies to relevant authorities. Case-Laws Income Tax Tue, 03 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55355