On appeal, the Tribunal held that, even before the Tribunal, the assessee could not substantiate the claim for deduction on account of weight and rate difference and hence, the addition made by the Assessing Officer is confirmed. (AY.2010-11)
Barnala Steel Industries Ltd. v. JCIT (2020) 78 ITR 29 (SN) (Delhi) (Trib)
S.37(1): Business expenditure – adhoc addition on account of weight and rate difference – No evidence to establish basis of arriving the amount debited in P&L Account — Addition justified.