Valuation of stock – discrepancy between stock statements filed ...
Stock Valuation Discrepancy: Income Assessment Requires Corroborating Evidence Beyond Statements Filed with Bank.
November 29, 2013
Case Laws Income Tax AT
Valuation of stock – discrepancy between stock statements filed in Bank and stock shown in books of accounts - The assessee's income is to be assessed not on the basis of the statement given to a third party, unless there is material to corroborate - AT
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