https://www.taxtmi.com/caselaws?id=117343 The Tribunal ruled in favor of the assessee, directing the Assessing Officer to delete the addition of Rs. 2,46,552 based on survey findings regarding stock discrepancies. The Tribunal found no justification for the addition, agreeing with the assessee's argument that the profit rate was consistent with previous years and only a percentage of the stock should be added as income. Despite discrepancies in maintaining the stock register, the Tribunal sided with the assessee and allowed the appeal. en-us Thu, 29 Nov 2001 00:00:00 +0530 Thu, 21 Jun 2012 18:26:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117343 The Tribunal ruled in favor of the assessee, directing the Assessing Officer to delete the addition of Rs. 2,46,552 based on survey findings regarding stock discrepancies. The Tribunal found no justification for the addition, agreeing with the assessee's argument that the profit rate was consistent with previous years and only a percentage of the stock should be added as income. Despite discrepancies in maintaining the stock register, the Tribunal sided with the assessee and allowed the appeal. Case-Laws Income Tax Thu, 29 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117343