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Income Tax - Highlights / Catch Notes

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Excess stock found during the course of survey - Additions u/s. ...

Case Laws     Income Tax

October 6, 2023

Excess stock found during the course of survey - Additions u/s. 69B r.w.s. 115BBE - the additional income offered towards excess stock found during the course of survey is assessable under the head income from business as claimed by the assessee, but not income assessable u/s. 69B - Matter restored back with directions - AT

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