Penalty rightly deleted as excess stock was on account of wrong entries in books of account; SLP dismissed

IT: Where High Court upheld Tribunal's order deleting penalty under section 271(1)(c) on ground that addition on account of alleged stock was not as a result of purchases made outside books of account, but was only on account of wrong entries in books of account, SLP filed against said decision was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2Qe1J4w