https://www.taxtmi.com/caselaws?id=241278 The Tribunal dismissed the revenue's appeal and allowed the assessee's appeal, pronouncing the order in open court on 23/08/2013. The additions of trading liabilities as bogus were overturned, with the Tribunal ruling in favor of the assessee regarding the deletion of differential amounts and confirming the trading liability related to Monica Enterprises. The Tribunal also confirmed the deletion of the trading liability related to Raj Industrial Corporation and allowed the deduction of the additional demand of CENVAT. en-us Fri, 23 Aug 2013 00:00:00 +0530 Fri, 20 Dec 2013 06:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241278 The Tribunal dismissed the revenue's appeal and allowed the assessee's appeal, pronouncing the order in open court on 23/08/2013. The additions of trading liabilities as bogus were overturned, with the Tribunal ruling in favor of the assessee regarding the deletion of differential amounts and confirming the trading liability related to Monica Enterprises. The Tribunal also confirmed the deletion of the trading liability related to Raj Industrial Corporation and allowed the deduction of the additional demand of CENVAT. Case-Laws Income Tax Fri, 23 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241278