https://www.taxtmi.com/caselaws?id=34752 The High Court quashed the orders of the Tribunal and CIT (Appeal) and remanded the case for a fresh decision within three months. The Court found errors in the assessment process, including lack of evidence for enhancing closing stock and deviations from legal principles and accounting practices. The appeal was allowed based on identified issues and discrepancies in the tax assessment process. en-us Wed, 07 Oct 2009 00:00:00 +0530 Fri, 23 Oct 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34752 The High Court quashed the orders of the Tribunal and CIT (Appeal) and remanded the case for a fresh decision within three months. The Court found errors in the assessment process, including lack of evidence for enhancing closing stock and deviations from legal principles and accounting practices. The appeal was allowed based on identified issues and discrepancies in the tax assessment process. Case-Laws Income Tax Wed, 07 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34752