https://www.taxtmi.com/caselaws?id=183543 The Tribunal allowed the appeal filed by the assessee, deleting the addition of closing work-in-progress for the assessment year 2004-05. The Tribunal considered the assessee's regular accounting system and a previous decision in their favor, concluding that the addition was not justified as the assessee was not engaged in manufacturing activities. The Revenue did not counter the assessee's arguments, leading to the deletion of the addition. en-us Fri, 28 May 2010 00:00:00 +0530 Mon, 13 Jun 2016 18:30:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183543 The Tribunal allowed the appeal filed by the assessee, deleting the addition of closing work-in-progress for the assessment year 2004-05. The Tribunal considered the assessee's regular accounting system and a previous decision in their favor, concluding that the addition was not justified as the assessee was not engaged in manufacturing activities. The Revenue did not counter the assessee's arguments, leading to the deletion of the addition. Case-Laws Income Tax Fri, 28 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183543