https://www.taxtmi.com/caselaws?id=14215 The Tribunal upheld the assessee's plea, dismissing the Revenue's appeal and rejecting the reference application filed by the Revenue under section 256(1) of the Income Tax Act. The Tribunal found discrepancies in the assessing authority's additions regarding the yield of rice and its by-products, leading to the deletion of the addition sustained by the Commissioner of Income-tax (Appeals) on account of alleged suppressed yield of rice. Relief allowed by the Commissioner of Income-tax (Appeals) regarding the yield of rice bran and husk was upheld by the Tribunal, which found the calculations fair and reasonable, with no legal errors identified. en-us Fri, 21 Jul 2000 00:00:00 +0530 Tue, 14 Jul 2009 15:19:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14215 The Tribunal upheld the assessee's plea, dismissing the Revenue's appeal and rejecting the reference application filed by the Revenue under section 256(1) of the Income Tax Act. The Tribunal found discrepancies in the assessing authority's additions regarding the yield of rice and its by-products, leading to the deletion of the addition sustained by the Commissioner of Income-tax (Appeals) on account of alleged suppressed yield of rice. Relief allowed by the Commissioner of Income-tax (Appeals) regarding the yield of rice bran and husk was upheld by the Tribunal, which found the calculations fair and reasonable, with no legal errors identified. Case-Laws Income Tax Fri, 21 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14215