Undisclosed purchase - purchases were not properly entered - ...
Tribunal Confirms Findings on Undisclosed Purchases, Excess Book Stock Due to Assessee's Admission of Unrecorded Transactions.
February 5, 2020
Case Laws Income Tax HC
Undisclosed purchase - purchases were not properly entered - there was “Excess Book Stock” as compared to “Physical Stock - We do not find any perversity in the said findings of the learned Tribunal based on the admission of the Assessee himself
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