2013 (7) TMI 1091

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..... s appeal is preferred and sought to be admitted on the following suggested questions of law against the judgment and order of the learned Tribunal dated 10.05.2012 in relation to the assessment year 2007- 2008. 1. On the facts and in the circumstances of the case, the Appellate Tribunal is justified in deleting the addition of ₹ 1,19,43,361/- being unexplained investment on account of con .....

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..... nk. It is settled position of law by virtue of decision of both the Tribunal and the High Court that there cannot be any addition of difference in the stock statement furnished to the bank and the one shown in the books of account. In this case, during survey, nothing is found or brought on record to show that on physical verification, the stock found was in excess of the stock recorded in the boo .....

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