https://www.taxtmi.com/caselaws?id=242700 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on both issues. The addition of Rs.8,85,249 on account of suppressed production was deemed invalid as wages were not directly linked to production levels. Similarly, the deletion of the addition of Rs.18,80,685 on account of disallowance of discount/rate difference expenses was upheld, as the assessee provided sufficient evidence to support the discounts given, and the AO's reasoning for disallowance was found to be insufficient. en-us Fri, 05 Jul 2013 00:00:00 +0530 Sun, 19 Jan 2014 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242700 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions on both issues. The addition of Rs.8,85,249 on account of suppressed production was deemed invalid as wages were not directly linked to production levels. Similarly, the deletion of the addition of Rs.18,80,685 on account of disallowance of discount/rate difference expenses was upheld, as the assessee provided sufficient evidence to support the discounts given, and the AO's reasoning for disallowance was found to be insufficient. Case-Laws Income Tax Fri, 05 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242700