https://www.taxtmi.com/caselaws?id=176714 The Court upheld the addition of Rs. 3,07,221 in the closing stock as unexplained investment and justified the use of the surrender amount for the addition. The reference was answered against the assessee, confirming that the addition was rightly made based on the actions and admissions of the assessee during the search proceedings. en-us Thu, 24 Jan 2008 00:00:00 +0530 Wed, 18 May 2016 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176714 The Court upheld the addition of Rs. 3,07,221 in the closing stock as unexplained investment and justified the use of the surrender amount for the addition. The reference was answered against the assessee, confirming that the addition was rightly made based on the actions and admissions of the assessee during the search proceedings. Case-Laws Income Tax Thu, 24 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176714