1992 (7) TMI 50

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....nder section 256(2) of the Income-tax Act, 1961. Having heard learned counsel for the parties, in our opinion, the order of the Income-tax Appellate Tribunal is concluded by the findings of fact. To the income returned by the assessee, two additions, amongst others, were made, one on account of the value of suppressed sales amounting to Rs. 10,96,605 and the other for difference in stock as per....

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....n the facts and circumstances of the case, the Tribunal was correct in law in confirming the order of the Commissioner of Income-tax (Appeals) deleting the addition in question on account of suppressed sales. In confirming the order of the Commissioner of Income-tax (Appeals), the Tribunal has discussed the matter at length and has found that the additions made by the Income-tax Officer cannot be ....