https://www.taxtmi.com/caselaws?id=392700 The Tribunal upheld the validity of the assessment made under sections 147/143(3)/153A of the Income Tax Act, 1961, dismissing the assessee's challenge. Regarding the addition of Rs. 2,93,18,510/- for alleged suppression of export sales, the Tribunal set aside the decision of the ld. CIT(Appeals) and remanded the matter to the Assessing Officer for further verification. The assessee was given another opportunity to substantiate its explanation for the discrepancy in export quantity. The Tribunal treated the Revenue's appeal as allowed for statistical purposes. en-us Fri, 21 Feb 2020 00:00:00 +0530 Wed, 26 Feb 2020 11:54:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392700 The Tribunal upheld the validity of the assessment made under sections 147/143(3)/153A of the Income Tax Act, 1961, dismissing the assessee's challenge. Regarding the addition of Rs. 2,93,18,510/- for alleged suppression of export sales, the Tribunal set aside the decision of the ld. CIT(Appeals) and remanded the matter to the Assessing Officer for further verification. The assessee was given another opportunity to substantiate its explanation for the discrepancy in export quantity. The Tribunal treated the Revenue's appeal as allowed for statistical purposes. Case-Laws Income Tax Fri, 21 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392700