https://www.taxtmi.com/caselaws?id=151417 The appeals filed by the assessee against the orders of the Commissioner of Income-tax (Appeals)-IV, Ahmedabad, for the assessment years 2000-01, 2002-03 to 2006-07 were considered. The Tribunal ruled in favor of the assessee regarding the excise duty issue, stating that excise duty on goods not cleared from the factory should not be included in valuing closing stock. The addition made by the authorities was deemed incorrect and deleted. In relation to household expenses, the Tribunal allowed relief for one year and confirmed the addition for another. The judgment was pronounced on December 11, 2009. en-us Fri, 11 Dec 2009 00:00:00 +0530 Wed, 05 Jun 2013 16:39:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151417 The appeals filed by the assessee against the orders of the Commissioner of Income-tax (Appeals)-IV, Ahmedabad, for the assessment years 2000-01, 2002-03 to 2006-07 were considered. The Tribunal ruled in favor of the assessee regarding the excise duty issue, stating that excise duty on goods not cleared from the factory should not be included in valuing closing stock. The addition made by the authorities was deemed incorrect and deleted. In relation to household expenses, the Tribunal allowed relief for one year and confirmed the addition for another. The judgment was pronounced on December 11, 2009. Case-Laws Income Tax Fri, 11 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151417