https://www.taxtmi.com/caselaws?id=216926 The case involved issues such as disallowance of transport and octroi charges, wages, valuation of closing stock, labor charges, and inflated purchases. The Tribunal partially allowed the appeal for A.Y. 2005-06, reducing disallowances and deletions based on lack of concrete evidence. For A.Y. 2006-07, the Tribunal allowed the appeal, noting that payments were made before the year-end, aligning with the decision in Merilyn Shipping. en-us Tue, 31 Jul 2012 00:00:00 +0530 Mon, 24 Sep 2012 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216926 The case involved issues such as disallowance of transport and octroi charges, wages, valuation of closing stock, labor charges, and inflated purchases. The Tribunal partially allowed the appeal for A.Y. 2005-06, reducing disallowances and deletions based on lack of concrete evidence. For A.Y. 2006-07, the Tribunal allowed the appeal, noting that payments were made before the year-end, aligning with the decision in Merilyn Shipping. Case-Laws Income Tax Tue, 31 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216926