https://www.taxtmi.com/caselaws?id=181073 The Appeals by Revenue regarding the addition on the difference between real declared book stock and inflated stock were dismissed by ITAT CHENNAI. The Tribunal held that the burden was on the Revenue to prove the submitted stock was erroneous, and as no mistake was detected, the issue was decided in favor of the assessee for assessment year 2002-03. The Tribunal also found that a similar issue for assessment year 2008-09 was covered by previous orders, leading to the dismissal of the Revenue's appeal. Both appeals were ultimately dismissed on 8th September 2011. en-us Thu, 08 Sep 2011 00:00:00 +0530 Wed, 06 Apr 2016 18:04:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181073 The Appeals by Revenue regarding the addition on the difference between real declared book stock and inflated stock were dismissed by ITAT CHENNAI. The Tribunal held that the burden was on the Revenue to prove the submitted stock was erroneous, and as no mistake was detected, the issue was decided in favor of the assessee for assessment year 2002-03. The Tribunal also found that a similar issue for assessment year 2008-09 was covered by previous orders, leading to the dismissal of the Revenue's appeal. Both appeals were ultimately dismissed on 8th September 2011. Case-Laws Income Tax Thu, 08 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181073