https://www.taxtmi.com/caselaws?id=57218 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 4,28,226 made by the ITO due to discrepancies in stock declarations to the bank. The Tribunal emphasized the lack of evidence provided by the Revenue to challenge the alignment of stock positions with government agency statements, supported by legal precedents, leading to the decision in favor of the assessee. en-us Fri, 29 Jan 1988 00:00:00 +0530 Thu, 09 Dec 2010 10:11:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57218 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the addition of Rs. 4,28,226 made by the ITO due to discrepancies in stock declarations to the bank. The Tribunal emphasized the lack of evidence provided by the Revenue to challenge the alignment of stock positions with government agency statements, supported by legal precedents, leading to the decision in favor of the assessee. Case-Laws Income Tax Fri, 29 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57218