https://www.taxtmi.com/caselaws?id=60391 Books maintained on the same dak bahi basis as in the earlier accepted year, together with high turnover, comparable gross profit rates and surrounding facts, did not justify rejection of the trading results; the gross profit additions at the head office and branch office were deleted. Car expenses disallowed on the ground of partners' personal use were not sustained in full; the disallowance was reduced from one-third to one-fifth on the facts. The appeal succeeded only partly, with relief granted on both issues to the assessee. en-us Tue, 30 Oct 1979 00:00:00 +0530 Wed, 05 Jan 2011 11:23:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60391 Books maintained on the same dak bahi basis as in the earlier accepted year, together with high turnover, comparable gross profit rates and surrounding facts, did not justify rejection of the trading results; the gross profit additions at the head office and branch office were deleted. Car expenses disallowed on the ground of partners' personal use were not sustained in full; the disallowance was reduced from one-third to one-fifth on the facts. The appeal succeeded only partly, with relief granted on both issues to the assessee. Case-Laws Income Tax Tue, 30 Oct 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60391