https://www.taxtmi.com/caselaws?id=333336 The High Court allowed the appeal in favor of the assessee against the revenue, overturning the Tribunal's decision to confirm the addition of Rs. 3,78,112 towards unaccounted sales. The Court found that the Tribunal erred in upholding the addition as there was no evidence of suppression of investment on purchases or by the Excise Department. The judgment underscores the significance of following court directions and conducting a comprehensive assessment of evidence to ensure fairness in tax disputes. en-us Thu, 14 Jul 2016 00:00:00 +0530 Mon, 10 Oct 2016 13:21:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333336 The High Court allowed the appeal in favor of the assessee against the revenue, overturning the Tribunal's decision to confirm the addition of Rs. 3,78,112 towards unaccounted sales. The Court found that the Tribunal erred in upholding the addition as there was no evidence of suppression of investment on purchases or by the Excise Department. The judgment underscores the significance of following court directions and conducting a comprehensive assessment of evidence to ensure fairness in tax disputes. Case-Laws Income Tax Thu, 14 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333336