https://www.taxtmi.com/caselaws?id=63236 The Tribunal partially allowed the assessee's appeal and dismissed the Revenue's appeal. Relief was granted for the addition related to outstanding liabilities, suspense account, and certain unexplained cash credits. The Tribunal found the adjustments made to inflate the value of stocks unjustified and granted relief accordingly. Various additions for suppressed sales, bogus liabilities, and unexplained cash credits were either deleted or confirmed based on the evidence presented. en-us Thu, 06 Mar 1997 00:00:00 +0530 Fri, 28 Jan 2011 16:04:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63236 The Tribunal partially allowed the assessee's appeal and dismissed the Revenue's appeal. Relief was granted for the addition related to outstanding liabilities, suspense account, and certain unexplained cash credits. The Tribunal found the adjustments made to inflate the value of stocks unjustified and granted relief accordingly. Various additions for suppressed sales, bogus liabilities, and unexplained cash credits were either deleted or confirmed based on the evidence presented. Case-Laws Income Tax Thu, 06 Mar 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63236