https://www.taxtmi.com/caselaws?id=68947 The Revenue's appeal was allowed in a case involving the deletion of an addition of Rs. 1.5 crores made under section 69C of the Income-tax Act. The Tribunal held that the unexplained stock value could not be included as purchases in the final account, and the assessee was not entitled to claim it as a deduction. Therefore, the order of the Commissioner of Income-tax (Appeals) was reversed, and that of the Assessing Officer was restored. en-us Fri, 15 Feb 2008 00:00:00 +0530 Wed, 12 Jun 2013 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68947 The Revenue's appeal was allowed in a case involving the deletion of an addition of Rs. 1.5 crores made under section 69C of the Income-tax Act. The Tribunal held that the unexplained stock value could not be included as purchases in the final account, and the assessee was not entitled to claim it as a deduction. Therefore, the order of the Commissioner of Income-tax (Appeals) was reversed, and that of the Assessing Officer was restored. Case-Laws Income Tax Fri, 15 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68947