https://www.taxtmi.com/caselaws?id=151874 Stock valuation made during search on a sampling or approximate basis was held insufficient for an income addition where the stock could be accurately determined only by physical weighment. The assessee's regular books of account and stock registers were stated to be maintained, and no specific defect in those records was established. The referred opinion therefore rejected valuation by sampling as unreliable for disputed stock, especially when the accounts were not shown to be unreliable. The addition based on stock difference was not sustainable, and the issue was answered in favour of the assessee. en-us Tue, 26 Feb 2002 00:00:00 +0530 Mon, 11 Jul 2016 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151874 Stock valuation made during search on a sampling or approximate basis was held insufficient for an income addition where the stock could be accurately determined only by physical weighment. The assessee's regular books of account and stock registers were stated to be maintained, and no specific defect in those records was established. The referred opinion therefore rejected valuation by sampling as unreliable for disputed stock, especially when the accounts were not shown to be unreliable. The addition based on stock difference was not sustainable, and the issue was answered in favour of the assessee. Case-Laws Income Tax Tue, 26 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151874