https://www.taxtmi.com/caselaws?id=207326 An addition for alleged suppressed production cannot be sustained where the assessee maintains day-to-day books, excise records and sales documents, and the Revenue fails to identify any specific defect in the accounts. The variation relied on was derived from an improper comparison of different raw materials and finished products, rather than a like-with-like analysis, and the comparative figures were found to be erroneous. Earlier appellate findings on identical facts had already accepted the assessee's wastage and scrap position, and no fresh discrepancy was brought on record to justify departure from that view. The addition was therefore deleted and the assessee's explanation accepted. en-us Thu, 11 Feb 2010 00:00:00 +0530 Thu, 08 Dec 2011 23:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207326 An addition for alleged suppressed production cannot be sustained where the assessee maintains day-to-day books, excise records and sales documents, and the Revenue fails to identify any specific defect in the accounts. The variation relied on was derived from an improper comparison of different raw materials and finished products, rather than a like-with-like analysis, and the comparative figures were found to be erroneous. Earlier appellate findings on identical facts had already accepted the assessee's wastage and scrap position, and no fresh discrepancy was brought on record to justify departure from that view. The addition was therefore deleted and the assessee's explanation accepted. Case-Laws Income Tax Thu, 11 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207326