https://www.taxtmi.com/caselaws?id=181441 The appeal by the assessee was partly allowed by the Tribunal. The Tribunal directed the Assessing Officer to consider only the peak amount from the undisclosed bank account for addition as income. The issue of inflation in the opening stock figure was not pursued by the assessee and was dismissed. en-us Fri, 02 May 2014 00:00:00 +0530 Mon, 18 Apr 2016 08:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181441 The appeal by the assessee was partly allowed by the Tribunal. The Tribunal directed the Assessing Officer to consider only the peak amount from the undisclosed bank account for addition as income. The issue of inflation in the opening stock figure was not pursued by the assessee and was dismissed. Case-Laws Income Tax Fri, 02 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181441