https://www.taxtmi.com/caselaws?id=210380 HC held that surrendered amount identified by survey as excess stock (88,918) constituted income under section 69B, representing undisclosed investment for which the assessee could not explain the source. The Tribunal's finding that the amount did not qualify as business income was upheld, since it was not reflected as a direct addition to taxable business income but recorded through the trading account/profit and loss account. en-us Mon, 01 Aug 2011 00:00:00 +0530 Thu, 06 Nov 2025 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210380 HC held that surrendered amount identified by survey as excess stock (88,918) constituted income under section 69B, representing undisclosed investment for which the assessee could not explain the source. The Tribunal's finding that the amount did not qualify as business income was upheld, since it was not reflected as a direct addition to taxable business income but recorded through the trading account/profit and loss account. Case-Laws Income Tax Mon, 01 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210380