https://www.taxtmi.com/caselaws?id=275882 The Tribunal allowed both the Revenue's and the assessee's appeals for statistical purposes, remanding the issue back to the AO for a fresh decision after verifying the actual cost of the finished goods from the stock records. The Tribunal emphasized the need for adherence to Rule 46A and proper verification of evidence before making any additions to the income. en-us Wed, 07 Jun 2017 00:00:00 +0530 Sun, 21 Oct 2018 06:41:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275882 The Tribunal allowed both the Revenue's and the assessee's appeals for statistical purposes, remanding the issue back to the AO for a fresh decision after verifying the actual cost of the finished goods from the stock records. The Tribunal emphasized the need for adherence to Rule 46A and proper verification of evidence before making any additions to the income. Case-Laws Income Tax Wed, 07 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275882