https://www.taxtmi.com/caselaws?id=70830 The Tribunal ruled in favor of the assessee, holding that the addition of undisclosed income by the Assessing Officer was unjustified. It was determined that the excess stock found during a survey did not fall under the purview of Chapter XIV-B of the Income-tax Act, as it had already been assessed under regular assessment. Therefore, the Rs. 2,00,000 addition was deleted, resulting in the allowance of the appeal. en-us Fri, 23 Jul 1999 00:00:00 +0530 Tue, 19 Apr 2011 15:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70830 The Tribunal ruled in favor of the assessee, holding that the addition of undisclosed income by the Assessing Officer was unjustified. It was determined that the excess stock found during a survey did not fall under the purview of Chapter XIV-B of the Income-tax Act, as it had already been assessed under regular assessment. Therefore, the Rs. 2,00,000 addition was deleted, resulting in the allowance of the appeal. Case-Laws Income Tax Fri, 23 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70830