https://www.taxtmi.com/caselaws?id=62939 The CIT(A) deleted the addition in trading results made by the Assessing Officer, citing lack of material evidence to support the claim of sales outside the books of account. Additionally, the CIT(A) directed acceptance of capitalization of expenses and depreciation based on the commencement of commercial production in March 1987. The Judicial Member raised concerns about the alleged denial of opportunity to the Assessing Officer, but the Third Member upheld the CIT(A)'s decision, dismissing the appeals and finding no violation of Rule 46A. en-us Sat, 31 Aug 1996 00:00:00 +0530 Mon, 24 Jan 2011 18:30:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62939 The CIT(A) deleted the addition in trading results made by the Assessing Officer, citing lack of material evidence to support the claim of sales outside the books of account. Additionally, the CIT(A) directed acceptance of capitalization of expenses and depreciation based on the commencement of commercial production in March 1987. The Judicial Member raised concerns about the alleged denial of opportunity to the Assessing Officer, but the Third Member upheld the CIT(A)'s decision, dismissing the appeals and finding no violation of Rule 46A. Case-Laws Income Tax Sat, 31 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62939