https://www.taxtmi.com/caselaws?id=207777 The Tribunal partially allowed the appeal, directing the Assessing Officer to delete the additions made. The Tribunal found in favor of the assessee regarding the valuation of closing stock and transit loss, concluding that the claims were justified. The issue of reopening the assessment was deemed academic in light of the favorable findings on the merits. The order was pronounced on 24.11.2010 in an open court setting. en-us Wed, 24 Nov 2010 00:00:00 +0530 Sun, 25 Dec 2011 19:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207777 The Tribunal partially allowed the appeal, directing the Assessing Officer to delete the additions made. The Tribunal found in favor of the assessee regarding the valuation of closing stock and transit loss, concluding that the claims were justified. The issue of reopening the assessment was deemed academic in light of the favorable findings on the merits. The order was pronounced on 24.11.2010 in an open court setting. Case-Laws Income Tax Wed, 24 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207777