https://www.taxtmi.com/caselaws?id=264898 The Appellate Tribunal upheld the Ld. CIT(A)'s decision to delete the addition of Rs. 87,86,604, emphasizing the higher stock value in the books compared to the bank statement. The Tribunal concluded that the higher stock value did not result in revenue loss as it was factored into the profit calculation. Consequently, the Tribunal dismissed the Revenue's appeal, affirming the Ld. CIT(A)'s reasoned order and finding no justification to interfere with it. en-us Fri, 31 Oct 2014 00:00:00 +0530 Sun, 04 Oct 2015 12:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264898 The Appellate Tribunal upheld the Ld. CIT(A)'s decision to delete the addition of Rs. 87,86,604, emphasizing the higher stock value in the books compared to the bank statement. The Tribunal concluded that the higher stock value did not result in revenue loss as it was factored into the profit calculation. Consequently, the Tribunal dismissed the Revenue's appeal, affirming the Ld. CIT(A)'s reasoned order and finding no justification to interfere with it. Case-Laws Income Tax Fri, 31 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264898