https://www.taxtmi.com/caselaws?id=257745 The ITAT dismissed the department's appeal and partly allowed the assessee's challenge. The ITAT deleted the addition sustained by the CIT(A) as there was no basis for presuming sales suppression. The ITAT did not delve into the validity of the proceeding under section 147 since it was not challenged earlier and the addition was already deleted on merit. en-us Wed, 10 Dec 2014 00:00:00 +0530 Sat, 21 Mar 2015 06:11:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257745 The ITAT dismissed the department's appeal and partly allowed the assessee's challenge. The ITAT deleted the addition sustained by the CIT(A) as there was no basis for presuming sales suppression. The ITAT did not delve into the validity of the proceeding under section 147 since it was not challenged earlier and the addition was already deleted on merit. Case-Laws Income Tax Wed, 10 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257745