https://www.taxtmi.com/caselaws?id=412063 The Tribunal allowed the appeal filed by the assessee, setting aside the order of the Ld. Pr.CIT and upholding that of the Assessing Officer. The Assessing Officer's inclusion and taxation of additional income offered by the assessee for discrepancies in stock, including excess stock of gold and silver jewelry, under Section 115BBE of the IT Act, were found to be appropriate. The Tribunal determined that the Assessing Officer had adequately examined the discrepancies in stock and that the order was not erroneous or prejudicial to the Revenue's interest. en-us Tue, 07 Sep 2021 00:00:00 +0530 Thu, 09 Sep 2021 08:21:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412063 The Tribunal allowed the appeal filed by the assessee, setting aside the order of the Ld. Pr.CIT and upholding that of the Assessing Officer. The Assessing Officer's inclusion and taxation of additional income offered by the assessee for discrepancies in stock, including excess stock of gold and silver jewelry, under Section 115BBE of the IT Act, were found to be appropriate. The Tribunal determined that the Assessing Officer had adequately examined the discrepancies in stock and that the order was not erroneous or prejudicial to the Revenue's interest. Case-Laws Income Tax Tue, 07 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412063