Unexplained closing stock - discrepancy of the actual stock and ...

Discrepancy in Stock Records Validates Income Addition; Claims of Coercion in Statement Signing Rejected.

February 6, 2021

Case Laws Income Tax AT

Unexplained closing stock - discrepancy of the actual stock and the stock as recorded in the books of account - The survey was done in the presence of the assessee and hence, it cannot be alleged that the assessee was forced to sign the recorded statement - Additions confirmed - AT

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Unexplained closing stock - discrepancy of the actual stock and ...

Discrepancy in Stock Records Validates Income Addition; Claims of Coercion in Statement Signing Rejected.

February 6, 2021

Case Laws Income Tax AT

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