https://www.taxtmi.com/caselaws?id=151681 The Tribunal modified the additions made by the Assessing Officer and the Commissioner of Income-tax (Appeals) to 3% of purchases for all assessment years under appeal. The excess stock addition for the assessment year 2007-08 was upheld at Rs. 25 lakhs. The appeals by the assessee were partly allowed, while the Revenue's appeals were dismissed. en-us Tue, 27 Jul 2010 00:00:00 +0530 Wed, 12 Jun 2013 10:47:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151681 The Tribunal modified the additions made by the Assessing Officer and the Commissioner of Income-tax (Appeals) to 3% of purchases for all assessment years under appeal. The excess stock addition for the assessment year 2007-08 was upheld at Rs. 25 lakhs. The appeals by the assessee were partly allowed, while the Revenue's appeals were dismissed. Case-Laws Income Tax Tue, 27 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151681