https://www.taxtmi.com/caselaws?id=258134 The High Court dismissed the appeal regarding unaccounted production and sales of finished products, upholding additions in the assessment order due to discrepancies in stock valuation. The Supreme Court granted limited leave to determine potential double taxation on sales of 32,809 kg. The Court upheld the lower authorities' decision but remanded the case to verify if tax had been paid by a sister concern, potentially allowing the appellant to benefit from tax already paid by the sister concern. The appeal was disposed of with this direction. en-us Mon, 23 Mar 2015 00:00:00 +0530 Sat, 18 Aug 2018 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258134 The High Court dismissed the appeal regarding unaccounted production and sales of finished products, upholding additions in the assessment order due to discrepancies in stock valuation. The Supreme Court granted limited leave to determine potential double taxation on sales of 32,809 kg. The Court upheld the lower authorities' decision but remanded the case to verify if tax had been paid by a sister concern, potentially allowing the appellant to benefit from tax already paid by the sister concern. The appeal was disposed of with this direction. Case-Laws Income Tax Mon, 23 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258134