https://www.taxtmi.com/caselaws?id=19685 The Court dismissed the Revenue's application seeking reference on the deletion of an addition of Rs. 3,78,270 made by the Assessing Officer. The case involved discrepancies in stock figures of a rice mill disclosed to a bank. The Appellate Commissioner and Tribunal both upheld the deletion of the addition, relying on the Regional Food Controller's inspection over bank officials' findings. The Court emphasized the burden on the assessee to prove the accuracy of accounts and deemed the reliance on the levy register by the Regional Food Controller officials as more reliable. en-us Thu, 28 Jul 1994 00:00:00 +0530 Mon, 09 Nov 2009 10:03:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19685 The Court dismissed the Revenue's application seeking reference on the deletion of an addition of Rs. 3,78,270 made by the Assessing Officer. The case involved discrepancies in stock figures of a rice mill disclosed to a bank. The Appellate Commissioner and Tribunal both upheld the deletion of the addition, relying on the Regional Food Controller's inspection over bank officials' findings. The Court emphasized the burden on the assessee to prove the accuracy of accounts and deemed the reliance on the levy register by the Regional Food Controller officials as more reliable. Case-Laws Income Tax Thu, 28 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19685