https://www.taxtmi.com/caselaws?id=180209 The Revenue's appeal against the deletion of an addition of Rs. 27,72,458/- on account of suppression of production was dismissed. The CIT(A) and Tribunal found the AO's estimation speculative and unsupported by concrete evidence, noting complexities in the production process and lack of corroboration. The Tribunal upheld the CIT(A)'s decision, emphasizing the lack of sustainability of the addition. en-us Fri, 26 Oct 2012 00:00:00 +0530 Fri, 18 Mar 2016 15:48:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180209 The Revenue's appeal against the deletion of an addition of Rs. 27,72,458/- on account of suppression of production was dismissed. The CIT(A) and Tribunal found the AO's estimation speculative and unsupported by concrete evidence, noting complexities in the production process and lack of corroboration. The Tribunal upheld the CIT(A)'s decision, emphasizing the lack of sustainability of the addition. Case-Laws Income Tax Fri, 26 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180209