Lower yield declared by the assessee - excessive consumption of ...

Assessing Officer Fails to Prove Suppressed Sales; No Income Addition for Assessee's Lower Yield.

November 20, 2019

Case Laws Income Tax AT

Lower yield declared by the assessee - excessive consumption of electricity / power / furnace - variation in consumption of electricity, furnace oil vis-à-vis production of finished goods - AO has not brought on record any evidence stating lower or suppression of sales by the assessee - No addition can be made.

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Lower yield declared by the assessee - excessive consumption of ...

Assessing Officer Fails to Prove Suppressed Sales; No Income Addition for Assessee's Lower Yield.

November 20, 2019

Case Laws Income Tax AT

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