https://www.taxtmi.com/caselaws?id=237836 The Court upheld the Tribunal's decision to delete the addition made under Section 69B of the Income Tax Act, as the inflated stock statements were satisfactorily explained and did not warrant the addition. The Court found no substantial question of law in the Revenue's appeal and dismissed it, emphasizing that discrepancies in stock statements for credit facilities, if explained adequately, do not justify such additions. en-us Tue, 01 Oct 2013 00:00:00 +0530 Wed, 08 Apr 2026 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237836 The Court upheld the Tribunal's decision to delete the addition made under Section 69B of the Income Tax Act, as the inflated stock statements were satisfactorily explained and did not warrant the addition. The Court found no substantial question of law in the Revenue's appeal and dismissed it, emphasizing that discrepancies in stock statements for credit facilities, if explained adequately, do not justify such additions. Case-Laws Income Tax Tue, 01 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237836