Tribunal held that even during the hearing before the Tribunal the assessee could not substantiate the claim. Under these circumstances, the addition of Rs. 1 lakh made by the Assessing Officer was confirmed. ( AY.2010-11)
Barnala Steel Industries Ltd. v JCIT (2020) 78 ITR 29(SN) (Delhi) (Trib)
S.143(3): Assessment – Ad -hoc addition- Weight and rate difference – Evidence not produced – Addition is held to be justified [ S.37(1) ]