https://www.taxtmi.com/caselaws?id=216846 The Tribunal remanded the matter to the AO to verify if the excess cash of Rs. 2,00,000 was already included in the disclosed income. The appeal was partially allowed, reducing the addition to Rs. 1,87,966. The addition of stock difference of Rs. 2,24,714 was upheld by the CIT(A) as the appellant failed to provide evidence refuting the variance. The general ground seeking deletion of disclosed income of Rs. 41 lakhs was dismissed without detailed adjudication. The Tribunal partly allowed the appeal on the excess cash addition but upheld the decision on the stock difference. en-us Tue, 10 Jul 2012 00:00:00 +0530 Fri, 14 Sep 2012 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216846 The Tribunal remanded the matter to the AO to verify if the excess cash of Rs. 2,00,000 was already included in the disclosed income. The appeal was partially allowed, reducing the addition to Rs. 1,87,966. The addition of stock difference of Rs. 2,24,714 was upheld by the CIT(A) as the appellant failed to provide evidence refuting the variance. The general ground seeking deletion of disclosed income of Rs. 41 lakhs was dismissed without detailed adjudication. The Tribunal partly allowed the appeal on the excess cash addition but upheld the decision on the stock difference. Case-Laws Income Tax Tue, 10 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216846