https://www.taxtmi.com/caselaws?id=55148 The Tribunal upheld the CIT(A)'s decision to reduce the addition on account of sales suppression from Rs. 12,27,938 to Rs. 2,00,000. The appellant's arguments regarding eligibility for deduction under s. 80HHC and reasonable yield declaration were considered. Despite minor discrepancies in purchase figures, the reduced addition was accepted by the assessee due to no tax effect. The Tribunal found no motive for understating yield given the substantial losses and lack of claimed deductions, dismissing the Revenue's appeal and affirming the reduced addition of Rs. 2,00,000. en-us Mon, 01 Sep 2003 00:00:00 +0530 Tue, 23 Nov 2010 18:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55148 The Tribunal upheld the CIT(A)'s decision to reduce the addition on account of sales suppression from Rs. 12,27,938 to Rs. 2,00,000. The appellant's arguments regarding eligibility for deduction under s. 80HHC and reasonable yield declaration were considered. Despite minor discrepancies in purchase figures, the reduced addition was accepted by the assessee due to no tax effect. The Tribunal found no motive for understating yield given the substantial losses and lack of claimed deductions, dismissing the Revenue's appeal and affirming the reduced addition of Rs. 2,00,000. Case-Laws Income Tax Mon, 01 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55148