https://www.taxtmi.com/caselaws?id=186123 The Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the additions made by the Assessing Officer on account of suppression of production due to oil gain, difference in stock of raw materials, and excess consumption of electric power. The Tribunal emphasized the lack of evidence supporting the Assessing Officer's views and the failure to confront comparable cases to the assessee, ultimately ruling in favor of the assessee on all three issues. en-us Fri, 04 Feb 2011 00:00:00 +0530 Wed, 07 Sep 2016 18:10:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186123 The Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) to delete the additions made by the Assessing Officer on account of suppression of production due to oil gain, difference in stock of raw materials, and excess consumption of electric power. The Tribunal emphasized the lack of evidence supporting the Assessing Officer's views and the failure to confront comparable cases to the assessee, ultimately ruling in favor of the assessee on all three issues. Case-Laws Income Tax Fri, 04 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186123