Treatment to income surrendered during survey on account of ...

Case Laws Income Tax

November 28, 2023

Treatment to income surrendered during survey on account of excess stock - business income or unexplained stock u/s 69B r.w.s.115BBE - the value of article/stock of the impugned investment was being fully disclosed in the books of account, being regularized by way of surrender of business income as accepted by the AO, would certainly not fall in the mischief of section 69B. - AT

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Treatment to income surrendered during survey on account of ...

Case Laws Income Tax

November 28, 2023

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