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Income Tax | Excess Business Stock Taxable as Business Income, Not Section 69: ITAT Ahmedabad
ITAT Ahmedabad holds excess stock forming part of regular business stock taxable as business income, while separate unexplained assets attract Section 69. The post Excess Business Stock Taxable as Business Income, Not Section 69: ITAT Ahmedabad appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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