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Income Tax | Excess Stock Surrender Taxable as Business Income at Normal Rate: ITAT Chandigarh

25 Sept 2026 · 2d agoBy CA Sandeep KanoiSource: TaxGuru

ITAT Chandigarh holds excess stock surrendered during survey as business income; Sections 69B and 115BBE not applicable. The post Excess Stock Surrender Taxable as Business Income at Normal Rate: ITAT Chandigarh 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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