https://www.taxtmi.com/caselaws?id=376567 The appellant's challenge regarding the rejection of their books of accounts and the addition made by the respondent was dismissed by the courts. The Assessing Officer's decision to uphold the addition of Rs. 96.98 lakhs was supported by evidence of discrepancies in production and sales figures. Despite the appellant's arguments of production loss, the courts found no legal error and emphasized the factual basis of the decision. The appellant's claim of lack of opportunity to present evidence was rejected, and minor discrepancies in lower court orders did not affect the outcome. The appeal was ultimately dismissed, affirming the lower courts' decisions. en-us Wed, 06 Mar 2019 00:00:00 +0530 Tue, 12 Mar 2019 08:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376567 The appellant's challenge regarding the rejection of their books of accounts and the addition made by the respondent was dismissed by the courts. The Assessing Officer's decision to uphold the addition of Rs. 96.98 lakhs was supported by evidence of discrepancies in production and sales figures. Despite the appellant's arguments of production loss, the courts found no legal error and emphasized the factual basis of the decision. The appellant's claim of lack of opportunity to present evidence was rejected, and minor discrepancies in lower court orders did not affect the outcome. The appeal was ultimately dismissed, affirming the lower courts' decisions. Case-Laws Income Tax Wed, 06 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376567