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Since the profit determined is profit from undisclosed sources/business, there should not be any separate additions made towards excess purchases and difference in sundry creditors balances as the same are to be construed only for the undisclosed businesses.

Income Tax - Since the profit determined is profit from undisclosed sources/business, there should not be any separate additions made towards excess purchases and difference in sundry creditors balances as the same are to be construed only for the undisclosed businesses. - TMI Updates - Highlights .....

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