https://www.taxtmi.com/caselaws?id=261331 The ITAT upheld the CIT(A)'s decision to delete the addition for undervaluation of closing stock, emphasizing the consistent valuation method followed by the assessee. Regarding the disallowance of commission and dalali expenses, the ITAT modified the CIT(A)'s restriction, confirming an addition of Rs. 2,61,840/- for specific payments lacking proper evidence. The revenue's appeal was partly allowed, and the assessee's cross-objection was dismissed. en-us Fri, 10 Apr 2015 00:00:00 +0530 Thu, 09 Jul 2015 06:44:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261331 The ITAT upheld the CIT(A)'s decision to delete the addition for undervaluation of closing stock, emphasizing the consistent valuation method followed by the assessee. Regarding the disallowance of commission and dalali expenses, the ITAT modified the CIT(A)'s restriction, confirming an addition of Rs. 2,61,840/- for specific payments lacking proper evidence. The revenue's appeal was partly allowed, and the assessee's cross-objection was dismissed. Case-Laws Income Tax Fri, 10 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261331