https://www.taxtmi.com/caselaws?id=444920 The HC dismissed the appeals (ITA No. 8531 of 2018 and ITA No. 8532 of 2018) filed by the Revenue, affirming the decisions of the CIT (Appeals) and the Tribunal. The court found no substantial question of law to warrant interference, supporting the deletion of the addition made by the Assessing Officer concerning excess scrap in the manufacturing process. The Tribunal had upheld the CIT (Appeals) decision, noting the lack of evidence for unaccounted manufacturing or sales and criticizing the Assessing Officer's methodology. Subsequent assessment orders showed consistent acceptance of the assessee's sales practices. en-us Fri, 13 Oct 2023 00:00:00 +0530 Wed, 18 Feb 2026 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444920 The HC dismissed the appeals (ITA No. 8531 of 2018 and ITA No. 8532 of 2018) filed by the Revenue, affirming the decisions of the CIT (Appeals) and the Tribunal. The court found no substantial question of law to warrant interference, supporting the deletion of the addition made by the Assessing Officer concerning excess scrap in the manufacturing process. The Tribunal had upheld the CIT (Appeals) decision, noting the lack of evidence for unaccounted manufacturing or sales and criticizing the Assessing Officer's methodology. Subsequent assessment orders showed consistent acceptance of the assessee's sales practices. Case-Laws Income Tax Fri, 13 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444920