https://www.taxtmi.com/caselaws?id=250924 The Tribunal dismissed the Revenue's appeals and partly allowed the Assessee's appeals. The issues of bogus purchases and unexplained entries were remitted back to the A.O. for fresh consideration, while the disallowance under Section 40(a)(ia) and the discrepancy in stock valuation were decided in favor of the Assessee. The addition related to unaccounted sales of LT panels was upheld. en-us Tue, 05 Aug 2014 00:00:00 +0530 Thu, 28 Aug 2014 09:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250924 The Tribunal dismissed the Revenue's appeals and partly allowed the Assessee's appeals. The issues of bogus purchases and unexplained entries were remitted back to the A.O. for fresh consideration, while the disallowance under Section 40(a)(ia) and the discrepancy in stock valuation were decided in favor of the Assessee. The addition related to unaccounted sales of LT panels was upheld. Case-Laws Income Tax Tue, 05 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250924