2022 (7) TMI 1554

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g 31/03/2005 relating to raw material, stock-in-process and finished goods - as decided by HC [ 2022 (2) TMI 1040 - MADHYA PRADESH HIGH COURT] once the AO finds that there was excess stock, in absence of explanation by the assessee, the conclusion is inescapable that the excess stock, if any, was from undisclosed sources. Once the assessee's explanation, if any, has not been accepted, the resu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X