https://www.taxtmi.com/caselaws?id=61579 The Tribunal dismissed the Revenue's appeal concerning the addition of Rs. 1,40,500 out of Rs. 1,53,360 for the assessment year 1996-97. The Tribunal upheld the CIT(A)'s decision to reduce the addition to Rs. 12,860, as the assessee's explanation regarding the sales discrepancy was deemed satisfactory and verified with excise records. The Tribunal found no merit in the Revenue's appeal, affirming the CIT(A)'s decision based on the verified facts and explanations provided by the assessee. en-us Fri, 05 Mar 2004 00:00:00 +0530 Thu, 13 Jan 2011 13:30:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61579 The Tribunal dismissed the Revenue's appeal concerning the addition of Rs. 1,40,500 out of Rs. 1,53,360 for the assessment year 1996-97. The Tribunal upheld the CIT(A)'s decision to reduce the addition to Rs. 12,860, as the assessee's explanation regarding the sales discrepancy was deemed satisfactory and verified with excise records. The Tribunal found no merit in the Revenue's appeal, affirming the CIT(A)'s decision based on the verified facts and explanations provided by the assessee. Case-Laws Income Tax Fri, 05 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61579