https://www.taxtmi.com/caselaws?id=414624 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s deletion of the addition of Rs. 14,07,74,148 due to excess stock found during a search. Additionally, the Tribunal ruled in favor of applying normal tax rates instead of the amended provisions of Section 115BBE, emphasizing the non-retrospective application of tax law amendments. en-us Fri, 08 Oct 2021 00:00:00 +0530 Sat, 13 Nov 2021 20:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414624 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s deletion of the addition of Rs. 14,07,74,148 due to excess stock found during a search. Additionally, the Tribunal ruled in favor of applying normal tax rates instead of the amended provisions of Section 115BBE, emphasizing the non-retrospective application of tax law amendments. Case-Laws Income Tax Fri, 08 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414624