https://www.taxtmi.com/caselaws?id=267316 The Tribunal upheld the Commissioner's decision to delete the addition of Rs. 32,42,815 in respect of undisclosed stock for the assessment year 2005-06. The appellant's challenge was based on discrepancies between the stock value reported to the bank and the books of accounts, alleging fraud. However, both the Commissioner (Appeals) and the Tribunal found no quantity differences in the stock details, relying on past decisions and concluding that there was no reason to interfere with the deletion of the addition. The appeal was dismissed, with no legal issue arising from the factual findings. en-us Mon, 12 Oct 2015 00:00:00 +0530 Wed, 04 Nov 2015 09:44:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267316 The Tribunal upheld the Commissioner's decision to delete the addition of Rs. 32,42,815 in respect of undisclosed stock for the assessment year 2005-06. The appellant's challenge was based on discrepancies between the stock value reported to the bank and the books of accounts, alleging fraud. However, both the Commissioner (Appeals) and the Tribunal found no quantity differences in the stock details, relying on past decisions and concluding that there was no reason to interfere with the deletion of the addition. The appeal was dismissed, with no legal issue arising from the factual findings. Case-Laws Income Tax Mon, 12 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267316