https://www.taxtmi.com/caselaws?id=375709 The High Court dismissed the appeal challenging the addition of undisclosed stock, unexplained cash, and unexplained stock investment by the Assessing Officer for the Assessment Year 2010-11. The Commissioner of Income Tax (Appeals) had deleted all additions, which was upheld by the Tribunal. The Court held that since the assessee had shown more stock and the books of accounts were accepted, no additions were justified. The Court ruled in favor of the assessee, stating that there were no serious errors to interfere with the findings in favor of the assessee. en-us Thu, 07 Feb 2019 00:00:00 +0530 Sat, 23 Feb 2019 08:57:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375709 The High Court dismissed the appeal challenging the addition of undisclosed stock, unexplained cash, and unexplained stock investment by the Assessing Officer for the Assessment Year 2010-11. The Commissioner of Income Tax (Appeals) had deleted all additions, which was upheld by the Tribunal. The Court held that since the assessee had shown more stock and the books of accounts were accepted, no additions were justified. The Court ruled in favor of the assessee, stating that there were no serious errors to interfere with the findings in favor of the assessee. Case-Laws Income Tax Thu, 07 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375709