https://www.taxtmi.com/caselaws?id=75397 The High Court dismissed the appeal under section 260A of the Income-tax Act, upholding the order of the Commissioner of income-tax (Appeals) that deleted the addition made by the Assessing Officer regarding excess stock found during a survey under section 133A. The Court found that the explanation provided by the assessee regarding the excess stock was valid and credible, relying on factual determinations and precedents from other High Courts. The decision emphasized that the acceptance of the assessee's explanation was a finding of fact, not giving rise to any substantial question of law. en-us Wed, 25 Nov 2009 00:00:00 +0530 Tue, 13 Apr 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75397 The High Court dismissed the appeal under section 260A of the Income-tax Act, upholding the order of the Commissioner of income-tax (Appeals) that deleted the addition made by the Assessing Officer regarding excess stock found during a survey under section 133A. The Court found that the explanation provided by the assessee regarding the excess stock was valid and credible, relying on factual determinations and precedents from other High Courts. The decision emphasized that the acceptance of the assessee's explanation was a finding of fact, not giving rise to any substantial question of law. Case-Laws Income Tax Wed, 25 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75397