https://www.taxtmi.com/caselaws?id=417913 The tribunal concluded that the revenue authorities misinterpreted the facts, leading to an unwarranted addition of Rs. 27,24,159/- towards excise duty, CST, and VAT. The addition was directed to be deleted, and the appeal was partly allowed in favor of the assessee. The tribunal found that the assessee consistently accounted for purchases and sales net of taxes, and the debited amounts represented taxes for which credit was not available. The order was pronounced on 24-01-2022. en-us Mon, 24 Jan 2022 00:00:00 +0530 Fri, 04 Feb 2022 07:01:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417913 The tribunal concluded that the revenue authorities misinterpreted the facts, leading to an unwarranted addition of Rs. 27,24,159/- towards excise duty, CST, and VAT. The addition was directed to be deleted, and the appeal was partly allowed in favor of the assessee. The tribunal found that the assessee consistently accounted for purchases and sales net of taxes, and the debited amounts represented taxes for which credit was not available. The order was pronounced on 24-01-2022. Case-Laws Income Tax Mon, 24 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417913