https://www.taxtmi.com/caselaws?id=256633 The High Court upheld the additions made by the authorities regarding the closing stock difference and unaccounted fabrication work, dismissing the appeal. The Court found no legal grounds to challenge the decisions of the lower authorities on these issues, emphasizing the importance of accurate financial details in tax assessments. The Tribunal's decision to remand the issue of depreciation claimed on machinery for further inquiry was also upheld. Ultimately, the Court concluded that no substantial question of law arose from the case. en-us Thu, 06 Feb 2014 00:00:00 +0530 Tue, 17 Feb 2015 22:55:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256633 The High Court upheld the additions made by the authorities regarding the closing stock difference and unaccounted fabrication work, dismissing the appeal. The Court found no legal grounds to challenge the decisions of the lower authorities on these issues, emphasizing the importance of accurate financial details in tax assessments. The Tribunal's decision to remand the issue of depreciation claimed on machinery for further inquiry was also upheld. Ultimately, the Court concluded that no substantial question of law arose from the case. Case-Laws Income Tax Thu, 06 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256633