https://www.taxtmi.com/caselaws?id=10104 Excess stock found during search was treated as a factual issue, and the assessee's later reliance on a stock register did not dislodge the finding that no register was available at the relevant time. The Assessing Officer made an addition, the Commissioner (Appeals) deleted it, and the Tribunal restored a reduced addition. As the controversy was essentially fact-driven and the Tribunal had already granted substantial relief, the High Court found no ground to interfere. The addition was therefore sustained to the extent of Rs. 1 lakh, and the challenge failed. en-us Mon, 26 May 2003 00:00:00 +0530 Tue, 07 Jul 2009 12:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10104 Excess stock found during search was treated as a factual issue, and the assessee's later reliance on a stock register did not dislodge the finding that no register was available at the relevant time. The Assessing Officer made an addition, the Commissioner (Appeals) deleted it, and the Tribunal restored a reduced addition. As the controversy was essentially fact-driven and the Tribunal had already granted substantial relief, the High Court found no ground to interfere. The addition was therefore sustained to the extent of Rs. 1 lakh, and the challenge failed. Case-Laws Income Tax Mon, 26 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10104