https://www.taxtmi.com/caselaws?id=13725 The High Court upheld the Tribunal's reliance on karkhanadars' statements for determining inflation in purchases, rejecting the assessee's challenge due to lack of prior request for copies for cross-examination. The Court affirmed the addition in the trading account based on evidence of inflated purchase rates, supporting the Revenue against the assessee. en-us Thu, 21 Jul 2005 00:00:00 +0530 Thu, 02 Jul 2009 10:04:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13725 The High Court upheld the Tribunal's reliance on karkhanadars' statements for determining inflation in purchases, rejecting the assessee's challenge due to lack of prior request for copies for cross-examination. The Court affirmed the addition in the trading account based on evidence of inflated purchase rates, supporting the Revenue against the assessee. Case-Laws Income Tax Thu, 21 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13725