Stock surrendered during survey held as business income not cash credits or unexplained money
January 9, 2024
Income Tax, ITAT
Stock surrendered during survey held business income not cash credits or unexplained money u/s 69 or 69A. Question of application of section 115BBE doesn’t arise for consideration – ITAT In a recent judgment, the ITAT has held that stock surrendered during survey was business income not cash credits …