https://www.taxtmi.com/caselaws?id=243380 The High Court upheld the decisions of the lower authorities in favor of the assessee, dismissing the Revenue's appeal on both issues. The addition of Rs. 24,06,834 on diesel and oil expenses was deemed superfluous as payments were made directly by BPCL to the Petrol Pump. The deletion of Rs. 19,73,500 for alleged income suppression was justified as the amount was received by the Petrol Pump, not the assessee, avoiding double counting. The Court found no substantial questions of law raised, affirming the lower authorities' decisions. en-us Fri, 17 Jan 2014 00:00:00 +0530 Thu, 30 Jan 2014 14:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243380 The High Court upheld the decisions of the lower authorities in favor of the assessee, dismissing the Revenue's appeal on both issues. The addition of Rs. 24,06,834 on diesel and oil expenses was deemed superfluous as payments were made directly by BPCL to the Petrol Pump. The deletion of Rs. 19,73,500 for alleged income suppression was justified as the amount was received by the Petrol Pump, not the assessee, avoiding double counting. The Court found no substantial questions of law raised, affirming the lower authorities' decisions. Case-Laws Income Tax Fri, 17 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243380