https://www.taxtmi.com/caselaws?id=432968 The Tribunal quashed the revisionary proceedings initiated by the Pr.CIT on all four issues regarding treatment of Net Present Value charges, difference in valuation of ores, inclusion of closing stock value, and consistency of opening and closing stock figures. The Tribunal ruled in favor of the assessee, citing settled legal principles and lack of evidence provided by the Pr.CIT to support the proposed revisions. en-us Thu, 12 Jan 2023 00:00:00 +0530 Tue, 17 Jan 2023 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432968 The Tribunal quashed the revisionary proceedings initiated by the Pr.CIT on all four issues regarding treatment of Net Present Value charges, difference in valuation of ores, inclusion of closing stock value, and consistency of opening and closing stock figures. The Tribunal ruled in favor of the assessee, citing settled legal principles and lack of evidence provided by the Pr.CIT to support the proposed revisions. Case-Laws Income Tax Thu, 12 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432968