https://www.taxtmi.com/caselaws?id=167866 Additions based on stock variation, excess stock found on inspection, and undisclosed purchases were sustained because they rested on factual findings and materials on record showing incorrect accounts and purchases from undisclosed sources. An equal addition made towards probable suppression was deleted because it was based only on estimate and conjecture without supporting evidence. The operative principle is that a concrete evidentiary basis can justify an addition, but a parallel addition founded only on guesswork cannot be upheld. en-us Fri, 03 Feb 2012 00:00:00 +0530 Fri, 09 Jan 2015 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167866 Additions based on stock variation, excess stock found on inspection, and undisclosed purchases were sustained because they rested on factual findings and materials on record showing incorrect accounts and purchases from undisclosed sources. An equal addition made towards probable suppression was deleted because it was based only on estimate and conjecture without supporting evidence. The operative principle is that a concrete evidentiary basis can justify an addition, but a parallel addition founded only on guesswork cannot be upheld. Case-Laws VAT and Sales Tax Fri, 03 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167866