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2015 (10) TMI 173 - AT - Income TaxAddition on account of difference in value of stock submitted to bank in the form of stock statement and the stock as per books of account of the assessee - CIT(A) deleted the addition - Held that:- We find that the stock statement as per books of account carried more value than stock statement submitted to bank and difference was to the tune of ₹ 10,74,921/-. Therefore, there is no loss to the revenue as the assessee has taken in the trading account higher figures for the purpose of calculation of profits. Ld. CIT(A) has passed a very reasoned and speaking order on which we do not intend to interfere. - Decided against revenue.
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