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    <title>2023 (5) TMI 319 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>The HC upheld the ITAT&#039;s decision, dismissing the appellant&#039;s appeals regarding discrepancies in stock valuation and disallowed expenses for the assessment year 2014-15. The appellant failed to provide sufficient evidence to challenge the addition of Rs. 14,62,636 to income and the disallowance of Rs. 4,70,000 in expenses. Consequently, both appeals, ITA No. 127 of 2021 and ITA No. 55 of 2021, were dismissed for lack of merit, as no substantial question of law was found.</description>
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      <link>https://www.taxtmi.com/caselaws?id=437512</link>
      <description>The HC upheld the ITAT&#039;s decision, dismissing the appellant&#039;s appeals regarding discrepancies in stock valuation and disallowed expenses for the assessment year 2014-15. The appellant failed to provide sufficient evidence to challenge the addition of Rs. 14,62,636 to income and the disallowance of Rs. 4,70,000 in expenses. Consequently, both appeals, ITA No. 127 of 2021 and ITA No. 55 of 2021, were dismissed for lack of merit, as no substantial question of law was found.</description>
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