https://www.taxtmi.com/caselaws?id=424981 Excess silver stock found during survey in the course of jewellery was held to be covered by the assessee's disclosure under the Pradhan Mantri Garib Kalyan Yojana, read with the surrender letter, scheme provisions and clarificatory circulars. On that basis, the stock discrepancy could not be arbitrarily treated as unexplained money, and invocation of section 69A was found unsustainable on the facts. The addition was therefore deleted in favour of the assessee. en-us Thu, 23 Jun 2022 00:00:00 +0530 Wed, 13 Jul 2022 07:49:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424981 Excess silver stock found during survey in the course of jewellery was held to be covered by the assessee's disclosure under the Pradhan Mantri Garib Kalyan Yojana, read with the surrender letter, scheme provisions and clarificatory circulars. On that basis, the stock discrepancy could not be arbitrarily treated as unexplained money, and invocation of section 69A was found unsustainable on the facts. The addition was therefore deleted in favour of the assessee. Case-Laws Income Tax Thu, 23 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424981