https://www.taxtmi.com/caselaws?id=62276 The Tribunal allowed the appeal in part, deleting the addition of Rs. 84,156 for inflation in the purchase account. However, it upheld the addition of Rs. 1,96,504 for suppression in the value of closing stock, directing the Assessing Officer to revise the assessment accordingly. en-us Mon, 16 Sep 1996 00:00:00 +0530 Wed, 19 Jan 2011 10:19:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62276 The Tribunal allowed the appeal in part, deleting the addition of Rs. 84,156 for inflation in the purchase account. However, it upheld the addition of Rs. 1,96,504 for suppression in the value of closing stock, directing the Assessing Officer to revise the assessment accordingly. Case-Laws Income Tax Mon, 16 Sep 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62276