https://www.taxtmi.com/caselaws?id=348839 The Tribunal allowed the appeal, deleting additions of Rs. 7,18,000 for excess cash and Rs. 74,82,000 for excess stock. It found that the surrendered amount of Rs. 58,00,000 for unaccounted sales covered the discrepancies. The judgment emphasized accurate valuation and the validity of retraction based on factual errors. en-us Wed, 25 Jan 2017 00:00:00 +0530 Fri, 29 Sep 2017 11:59:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348839 The Tribunal allowed the appeal, deleting additions of Rs. 7,18,000 for excess cash and Rs. 74,82,000 for excess stock. It found that the surrendered amount of Rs. 58,00,000 for unaccounted sales covered the discrepancies. The judgment emphasized accurate valuation and the validity of retraction based on factual errors. Case-Laws Income Tax Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348839