Servey u/s 133 a conducted

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

31 July 2014 Dear Sir,
servey operation u/s 133a conducted by the department in fy 13-14. during this stock difference of rs. 45lk and cash rs 6.5 surrender by the assessee. total tax deposited.
I need ur guidence in filing ITR.
did i add stock in closing stock and increase net profit by rs. 45lk. and add rs 6.5 lk towards income from other sources.
Need your valuable advice how to deal with this case.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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01 August 2014 Since after survey stock and cash was surrendered and full tax paid than you can add surrendered stock in closing stock and cash surrendered may be declared as income from other sources.

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