https://www.taxtmi.com/caselaws?id=237532 The High Court upheld the decisions of the lower authorities, affirming the deletion of the addition of Rs.27,71,00,000 by the Assessing Officer and the deletion of Rs.534.79 lacs for unascertained inventories. The Court found that the respondent's accounting standards were appropriate and in line with the grant's terms, and no substantial legal questions were raised by the Revenue. Consequently, the appeal was dismissed. en-us Thu, 08 Aug 2013 00:00:00 +0530 Mon, 30 Sep 2013 09:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237532 The High Court upheld the decisions of the lower authorities, affirming the deletion of the addition of Rs.27,71,00,000 by the Assessing Officer and the deletion of Rs.534.79 lacs for unascertained inventories. The Court found that the respondent's accounting standards were appropriate and in line with the grant's terms, and no substantial legal questions were raised by the Revenue. Consequently, the appeal was dismissed. Case-Laws Income Tax Thu, 08 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237532