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2011 (9) TMI 795 - GUJARAT HIGH COURTAddition - unexplained investment - Tribunal's decision was actuated by the fact that raw materials purchased were converted into finished goods and the same had already been included in the stock which has resulted into higher profit and once when the closing stock of raw material had been included in the purchase and finished goods, the same was not required to be included in the profit and loss account - Appeal is dismissed
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