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Income Tax | ITAT Panaji: ₹5.25 Crore Excess Stock Taxable as Business Income, Not Section 69

13 Oct 2026 · 1d agoBy CA Vijayakumar ShettySource: TaxGuru

ITAT Panaji holds ₹5.25 crore surrendered stock taxable at normal business rates, rejecting Section 69 and Section 115BBE treatment. The post ITAT Panaji: ₹5.25 Crore Excess Stock Taxable as Business Income, Not Section 69 appeared first on TaxGuru .

Attribution

Original credit: CA Vijayakumar Shetty. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.

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