https://www.taxtmi.com/caselaws?id=59243 The Tribunal partially allowed the Department's appeal, upholding the addition of Rs. 3,450 for one specific transaction while rejecting additions related to other parties due to lack of evidence. The Tribunal found the Gross Profit (G.P.) shown by the assessee to be reasonable, considering increased labor charges and satisfactory production levels. en-us Mon, 16 Oct 1978 00:00:00 +0530 Mon, 27 Dec 2010 13:56:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59243 The Tribunal partially allowed the Department's appeal, upholding the addition of Rs. 3,450 for one specific transaction while rejecting additions related to other parties due to lack of evidence. The Tribunal found the Gross Profit (G.P.) shown by the assessee to be reasonable, considering increased labor charges and satisfactory production levels. Case-Laws Income Tax Mon, 16 Oct 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59243