https://www.taxtmi.com/caselaws?id=196878 The Tribunal partially allowed the Revenue's appeal, dismissing the assessee's cross-objections. The issue of excise duty inclusion in the closing stock of alcohol was remanded for reconsideration. Other decisions, such as the valuation of closing stock, depreciation claims, and penalty deletion under Section 271(1)(c) were upheld in favor of the assessee. en-us Thu, 15 Dec 2016 00:00:00 +0530 Mon, 18 Dec 2017 11:35:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196878 The Tribunal partially allowed the Revenue's appeal, dismissing the assessee's cross-objections. The issue of excise duty inclusion in the closing stock of alcohol was remanded for reconsideration. Other decisions, such as the valuation of closing stock, depreciation claims, and penalty deletion under Section 271(1)(c) were upheld in favor of the assessee. Case-Laws Income Tax Thu, 15 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196878