https://www.taxtmi.com/highlights?id=71974 Additional income disclosed during the course of survey - To be taxed @ 60% u/s. 115BBE or not - the AO and the Ld.CIT(A) are erred in assessing additional income declared towards excess stock found during the course of survey u/s. 69B r.w.s. 115BBE of the Act - AO directed to assess the income under the head ‘income from business & profession’ as declared by the assessee. - AT en-us Wed, 13 Sep 2023 13:36:41 +0530 Thu, 14 Sep 2023 11:46:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71974 Additional income disclosed during the course of survey - To be taxed @ 60% u/s. 115BBE or not - the AO and the Ld.CIT(A) are erred in assessing additional income declared towards excess stock found during the course of survey u/s. 69B r.w.s. 115BBE of the Act - AO directed to assess the income under the head ‘income from business & profession’ as declared by the assessee. - AT Highlights Income Tax Wed, 13 Sep 2023 13:36:41 +0530 https://www.taxtmi.com/highlights?id=71974