https://www.taxtmi.com/caselaws?id=198687 The Tribunal deleted the addition of Rs. 5,45,50,000 on account of excess stock found at Pano-ka-Dariba. The partial relief of Rs. 47,27,500 provided by the CIT (A) was upheld. Additionally, a reduction of Rs. 1,31,40,000 on account of Gross Profit for the valuation of stock at 14, Vishnupuri and 14A, Vishnupuri was allowed. The appeal of the assessee was partially allowed, and the appeal of the department was dismissed. en-us Fri, 10 Jun 2011 00:00:00 +0530 Wed, 07 Feb 2018 14:36:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198687 The Tribunal deleted the addition of Rs. 5,45,50,000 on account of excess stock found at Pano-ka-Dariba. The partial relief of Rs. 47,27,500 provided by the CIT (A) was upheld. Additionally, a reduction of Rs. 1,31,40,000 on account of Gross Profit for the valuation of stock at 14, Vishnupuri and 14A, Vishnupuri was allowed. The appeal of the assessee was partially allowed, and the appeal of the department was dismissed. Case-Laws Income Tax Fri, 10 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198687