No additions if there was no independent material brought by AO other than those collected by excise dept.: SC

INCOME-TAX : Where High upheld Tribunal's order holding that AO was not justified in making addition to assessee's income in reassessment proceedings in respect of profit earned on suppressed sales because there was no independent material brought on record by Assessing Officer other than those which, were already collected by Excise Department and which, were yet to be verified SLP filed against order of High Court was to be dismissed

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