Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2008 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (11) TMI 41 - HIGH COURT DELHITribunal rejected the revenue’s appeal filed on the ground that the CIT had erred in deleting the addition made on account of gross profit on suppressed sales, which in turn, arose out of the unexplained shortage of stock found on the date of the search – explanation offered by the assessee with regard to the discrepancy in the weight of the gold and diamond jewellery - held that the explanation offered by the assessee had been rightly accepted by the Tribunal – no question of law arise
|