Excess stock found during survey - Business income or undisclosed investments

Vivek Jalan , Last updated: 10 February 2024  
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Whoever makes an assertion, must substantiate it. But whoever requires substantiation must also accept it or prove otherwise! In case an assessee explains the source of the investment in excess stock in his statement that the same was undisclosed income of the assessee from its business for last few

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Vivek Jalan
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Category Income Tax   Report

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