2019 (9) TMI 870 - SCH - Income Tax

Addition due to discrepancy found in stock statements - Addition on the basis of inflated stock statement submitted to bank - Addition under Section 69B - Learned Additional Solicitor General invited our attention to orders C .I.T AHMEDABAD III VERSUS RIDDHI STEEL AND TUBES P. LTD. 2014 (9) TMI 1204 - SC ORDER HELD THAT - Delay condoned. Leave granted.

Summary

The Supreme Court of India, in a judgment with citation 2019 (9) TMI 870 - SC, granted leave in a case where delay was condoned. The petitioner was represented by Ms. Pinky Anand, ASG, and others, while there was no representation for the respondent. The court considered orders dated 07.07.2004 and 05.09.2004 in SLP(C ) No. 17635 of 2014. The case was listed along with Civil Appeal No.8588/2014.