Excess stock found during the course of survey - It goes without ...
Income Tax
May 30, 2022
Excess stock found during the course of survey - It goes without saying that the onus to prove that the earlier admission at the time of survey was wrongly made, was on the assessee because it was he who was retracting. If this contention, not backed by any evidence, is removed from reckoning, there is nothing to justify the retraction. - Additions confirmed - AT
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