https://www.taxtmi.com/caselaws?id=68369 The Tribunal allowed the assessee's appeal, ITA No. 226/Jd/1999, by deleting the trading addition of Rs. 2,07,506 due to lack of specific instances of irregularities and satisfactory explanations provided by the assessee. However, the Tribunal partially allowed the Revenue's appeal, ITA No. 318/Jd/1999, by upholding the disallowance of Rs. 75,000 for supervision charges and by confirming the deletion of Rs. 4,68,672 added by the AO on account of unexplained excess stock. The Tribunal dismissed the Revenue's claim for a separate addition on account of excess stock covered by the trading addition. en-us Mon, 21 May 2001 00:00:00 +0530 Sat, 27 Feb 2016 13:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68369 The Tribunal allowed the assessee's appeal, ITA No. 226/Jd/1999, by deleting the trading addition of Rs. 2,07,506 due to lack of specific instances of irregularities and satisfactory explanations provided by the assessee. However, the Tribunal partially allowed the Revenue's appeal, ITA No. 318/Jd/1999, by upholding the disallowance of Rs. 75,000 for supervision charges and by confirming the deletion of Rs. 4,68,672 added by the AO on account of unexplained excess stock. The Tribunal dismissed the Revenue's claim for a separate addition on account of excess stock covered by the trading addition. Case-Laws Income Tax Mon, 21 May 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68369