BATHX BATHWARE INDIA PRIVATE LIMITED,COCHIN vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

Bench: Shri Waseem Ahmed & Shri Soundararajan K

12 has denied upholding the addition on account of difference in the value of the closing stock without having any difference in the quantity of the stock. The relevant extract of the order is reproduced as under: 6. The Tribunal in the impugned order has concurred with the findings recorded by the Commissioner (Appeals) and has observed that the revenue

ABC SALES CORPORATION,KASARAGOD vs. ACIT, CENTRAL CIRCLE-1, KOZHIKODE

In the result, appeal of the assessee is hereby dismissed

Bench: Shri Waseem Ahmed & Shri Soundararajan K