https://www.taxtmi.com/caselaws?id=429538 The Tribunal upheld the CIT(A)'s order, dismissing the Revenue's appeal and confirming the deletion of Rs.39,32,67,652/- in additions due to a discrepancy in the closing stock of gold. The Tribunal also upheld the acceptance of voluntarily disclosed additional income of Rs.2,19,48,940/- by the assessee. The Tribunal found that the AO had conducted the assessment in a casual manner without proper verification of the evidence provided by the assessee, leading to the dismissal of the Revenue's appeal in its entirety. en-us Wed, 14 Sep 2022 00:00:00 +0530 Mon, 31 Oct 2022 08:15:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429538 The Tribunal upheld the CIT(A)'s order, dismissing the Revenue's appeal and confirming the deletion of Rs.39,32,67,652/- in additions due to a discrepancy in the closing stock of gold. The Tribunal also upheld the acceptance of voluntarily disclosed additional income of Rs.2,19,48,940/- by the assessee. The Tribunal found that the AO had conducted the assessment in a casual manner without proper verification of the evidence provided by the assessee, leading to the dismissal of the Revenue's appeal in its entirety. Case-Laws Income Tax Wed, 14 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429538