https://www.taxtmi.com/caselaws?id=178269 The Revenue's appeal against the deletion of addition on account of excess stock was dismissed by the Tribunal. The CIT(A)'s decision to delete the addition was upheld due to discrepancies in the survey team's calculations and lack of veracity in the documents. On the other hand, the assessee's appeal regarding the disallowance of remuneration/salary paid to partners was allowed. The Tribunal found the disallowance unjustified as the entire business income was accepted by the AO, leading to the deletion of the disallowance. en-us Fri, 22 Jul 2011 00:00:00 +0530 Mon, 01 Feb 2016 13:24:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178269 The Revenue's appeal against the deletion of addition on account of excess stock was dismissed by the Tribunal. The CIT(A)'s decision to delete the addition was upheld due to discrepancies in the survey team's calculations and lack of veracity in the documents. On the other hand, the assessee's appeal regarding the disallowance of remuneration/salary paid to partners was allowed. The Tribunal found the disallowance unjustified as the entire business income was accepted by the AO, leading to the deletion of the disallowance. Case-Laws Income Tax Fri, 22 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178269