https://www.taxtmi.com/caselaws?id=240990 The Tribunal upheld the CIT(A)'s decision in an appeal filed by the Revenue challenging the valuation of stock for the assessment year 2006-2007. The Tribunal confirmed the reduced valuation of stock to Rs.8,33,413/- as determined by the CIT(A), dismissing the Revenue's appeal. Additionally, the Tribunal upheld the CIT(A)'s decision regarding the deletion of transportation charges amounting to Rs.17,92,764/- and the deletion of sundry creditors addition of Rs.9,59,909/-. Consequently, the Revenue's appeal was dismissed in full. en-us Wed, 06 Feb 2013 00:00:00 +0530 Sun, 15 Dec 2013 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240990 The Tribunal upheld the CIT(A)'s decision in an appeal filed by the Revenue challenging the valuation of stock for the assessment year 2006-2007. The Tribunal confirmed the reduced valuation of stock to Rs.8,33,413/- as determined by the CIT(A), dismissing the Revenue's appeal. Additionally, the Tribunal upheld the CIT(A)'s decision regarding the deletion of transportation charges amounting to Rs.17,92,764/- and the deletion of sundry creditors addition of Rs.9,59,909/-. Consequently, the Revenue's appeal was dismissed in full. Case-Laws Income Tax Wed, 06 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240990