https://www.taxtmi.com/caselaws?id=186513 The Tribunal dismissed the Revenue's appeal, upholding the deletion of additions made by the Assessing Officer regarding sundry creditors and stock valuation. The Tribunal emphasized the acceptance of old creditors and proper accounting for scrap sales, stating that double additions were not permissible under the law. en-us Wed, 16 Nov 2011 00:00:00 +0530 Wed, 21 Sep 2016 12:02:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186513 The Tribunal dismissed the Revenue's appeal, upholding the deletion of additions made by the Assessing Officer regarding sundry creditors and stock valuation. The Tribunal emphasized the acceptance of old creditors and proper accounting for scrap sales, stating that double additions were not permissible under the law. Case-Laws Income Tax Wed, 16 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186513