https://www.taxtmi.com/caselaws?id=58624 The Tribunal upheld the CIT(A)'s decision that customs duty payable should be added to the value of bonded goods in stock, increasing the assessee's income by Rs. 22,56,273. The appeal was partly allowed, affirming the deduction entitlement but limiting it to the initially claimed amount, not the revised higher rate. en-us Thu, 30 May 1991 00:00:00 +0530 Tue, 21 Dec 2010 12:29:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58624 The Tribunal upheld the CIT(A)'s decision that customs duty payable should be added to the value of bonded goods in stock, increasing the assessee's income by Rs. 22,56,273. The appeal was partly allowed, affirming the deduction entitlement but limiting it to the initially claimed amount, not the revised higher rate. Case-Laws Income Tax Thu, 30 May 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58624