Wednesday, June 12, 2019

HC was justified in deleting penalty as excess stock was due to wrong entries in books of account; SLP dismissed

IT: Where High Court upheld Tribunal's order deleting addition as well as penalty on ground that excess stock existed only on account of wrong entries in assessee's books of account and not due to purchases made outside books of account, SLP filed against decision of High Court was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2F5i4nM

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