Addition for undisclosed stock not justified for mere difference in ...
A survey u/s 133A of the Act was carried out in the business premises of the assessee on 03.02.2010 wherein it was concluded that assessee has undisclosed/ excess stock amounting to Rs. 50,02,024/- (l,70,02,024- 1,20,00,000). The assessee estimated closing stock at Rs. 1,20,00,000/- in trading account prepared during course of survey, whereas ...