https://www.taxtmi.com/caselaws?id=62723 The Tribunal allowed the appeal, deleting the Rs. 1,50,000 addition confirmed by the CIT(A). The Tribunal considered the business nature, inventory reconciliation, and alleged undue pressure during the survey as justifications for removing the addition. The AO's arbitrary additions were found conjectural and lacking evidence, leading to a misappreciation of facts by the CIT(A). The Tribunal concluded in favor of the assessee, ordering the deletion of the Rs. 1,50,000 addition. en-us Tue, 22 Jan 2002 00:00:00 +0530 Fri, 21 Jan 2011 13:02:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62723 The Tribunal allowed the appeal, deleting the Rs. 1,50,000 addition confirmed by the CIT(A). The Tribunal considered the business nature, inventory reconciliation, and alleged undue pressure during the survey as justifications for removing the addition. The AO's arbitrary additions were found conjectural and lacking evidence, leading to a misappreciation of facts by the CIT(A). The Tribunal concluded in favor of the assessee, ordering the deletion of the Rs. 1,50,000 addition. Case-Laws Income Tax Tue, 22 Jan 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62723