https://www.taxtmi.com/caselaws?id=440460 The Tribunal ruled that the excess stock found during the survey could not be taxed under Section 69B as it was not separately identifiable. Therefore, the higher tax rate under Section 115BBE did not apply. The excess stock was classified as business income, and the assessee's appeal was allowed. en-us Wed, 07 Jun 2023 00:00:00 +0530 Wed, 19 Jul 2023 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440460 The Tribunal ruled that the excess stock found during the survey could not be taxed under Section 69B as it was not separately identifiable. Therefore, the higher tax rate under Section 115BBE did not apply. The excess stock was classified as business income, and the assessee's appeal was allowed. Case-Laws Income Tax Wed, 07 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440460