https://www.taxtmi.com/caselaws?id=75411 The court ruled in favor of the assessee and against the Revenue, affirming that no addition could be made based on discrepancies in the estimation of stock. The ITAT's reliance on the precedent of Haribhagat Agarwalla v. State of Orissa was deemed appropriate, establishing that discrepancies arrived at through sampling methods do not warrant additions to income. The appeal was disposed of accordingly, with the court upholding the decision in favor of the assessee. en-us Thu, 19 Mar 2009 00:00:00 +0530 Wed, 07 Sep 2011 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75411 The court ruled in favor of the assessee and against the Revenue, affirming that no addition could be made based on discrepancies in the estimation of stock. The ITAT's reliance on the precedent of Haribhagat Agarwalla v. State of Orissa was deemed appropriate, establishing that discrepancies arrived at through sampling methods do not warrant additions to income. The appeal was disposed of accordingly, with the court upholding the decision in favor of the assessee. Case-Laws Income Tax Thu, 19 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75411