https://www.taxtmi.com/caselaws?id=66931 A survey under section 133A does not authorise an Inspector to record statements on oath or prepare a stock inventory beyond the limited powers of inspection, copying and identification of documents; such actions are outside statutory authority. A stock discrepancy between books and survey findings, by itself, is insufficient to sustain an addition under section 69B, because the difference alone does not establish unexplained investment or understatement with the required evidentiary basis. On that reasoning, the addition was held unsustainable and the revenue challenge failed. en-us Mon, 23 Aug 1993 00:00:00 +0530 Tue, 08 Mar 2011 12:11:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66931 A survey under section 133A does not authorise an Inspector to record statements on oath or prepare a stock inventory beyond the limited powers of inspection, copying and identification of documents; such actions are outside statutory authority. A stock discrepancy between books and survey findings, by itself, is insufficient to sustain an addition under section 69B, because the difference alone does not establish unexplained investment or understatement with the required evidentiary basis. On that reasoning, the addition was held unsustainable and the revenue challenge failed. Case-Laws Income Tax Mon, 23 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66931