https://www.taxtmi.com/caselaws?id=182340 The Tribunal dismissed the appeal filed by the Revenue, upholding the decisions of the Commissioner of Income Tax (Appeals) in both issues. The addition of Rs. 10,00,000 on account of excess stock surrendered during a survey u/s. 133A was deemed unjustified as the statement during the survey had no evidentiary value. Similarly, the addition of Rs. 40,44,492 on account of bogus sundry creditors was found unwarranted as the transactions were supported by vouchers and all necessary details were submitted during the appellate proceedings. en-us Fri, 14 Sep 2012 00:00:00 +0530 Sat, 07 May 2016 14:56:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182340 The Tribunal dismissed the appeal filed by the Revenue, upholding the decisions of the Commissioner of Income Tax (Appeals) in both issues. The addition of Rs. 10,00,000 on account of excess stock surrendered during a survey u/s. 133A was deemed unjustified as the statement during the survey had no evidentiary value. Similarly, the addition of Rs. 40,44,492 on account of bogus sundry creditors was found unwarranted as the transactions were supported by vouchers and all necessary details were submitted during the appellate proceedings. Case-Laws Income Tax Fri, 14 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182340