https://www.taxtmi.com/caselaws?id=202234 The High Court upheld the addition of unrecorded purchases by an assessee engaged in manufacturing incense sticks, disagreeing with the Tribunal's deletion of the addition. The Court restored the Commissioner's order regarding the unrecorded sale, emphasizing compliance with the Income-tax Rules and the availability of supporting bills. The decision was based on proper appreciation of the facts, with the Court finding the Tribunal's decision unjustified and lacking reasoning to disagree with the Commissioner's findings. en-us Wed, 23 Jun 2010 00:00:00 +0530 Mon, 24 Dec 2012 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202234 The High Court upheld the addition of unrecorded purchases by an assessee engaged in manufacturing incense sticks, disagreeing with the Tribunal's deletion of the addition. The Court restored the Commissioner's order regarding the unrecorded sale, emphasizing compliance with the Income-tax Rules and the availability of supporting bills. The decision was based on proper appreciation of the facts, with the Court finding the Tribunal's decision unjustified and lacking reasoning to disagree with the Commissioner's findings. Case-Laws Income Tax Wed, 23 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202234