https://www.taxtmi.com/caselaws?id=271598 The High Court upheld the deletion of an addition on account of inventory written off by the Assessee, dismissing the Revenue's appeal. The Court found no substantial question of law as the Commissioner of Income Tax (Appeals) had already verified the details provided by the Assessee, including evidence of disposal. The Court concluded that remanding the matter for further verification by the Assessing Officer would serve no purpose, as the ITAT's decision concurred with the CIT (A)'s decision. en-us Wed, 13 Jan 2016 00:00:00 +0530 Wed, 10 Feb 2016 08:15:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271598 The High Court upheld the deletion of an addition on account of inventory written off by the Assessee, dismissing the Revenue's appeal. The Court found no substantial question of law as the Commissioner of Income Tax (Appeals) had already verified the details provided by the Assessee, including evidence of disposal. The Court concluded that remanding the matter for further verification by the Assessing Officer would serve no purpose, as the ITAT's decision concurred with the CIT (A)'s decision. Case-Laws Income Tax Wed, 13 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271598