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    <title>2024 (1) TMI 362 - GUJARAT HIGH COURT</title>
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    <description>The HC upheld the decisions of the lower authorities, dismissing the appellant&#039;s appeal. The Income Tax Appellate Tribunal was justified in its findings that the appellant, engaged in trading gold and silver ornaments, suppressed the value of closing stock for Assessment Year 2015-16. The appellant failed to provide necessary documents and evidence to support their contentions. The Tribunal dismissed the appeal and the subsequent Miscellaneous Application for review, as no substantial question of law was identified to challenge the order. The addition of unaccounted income based on the survey findings was upheld.</description>
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    <pubDate>Tue, 28 Nov 2023 00:00:00 +0530</pubDate>
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      <title>2024 (1) TMI 362 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=447963</link>
      <description>The HC upheld the decisions of the lower authorities, dismissing the appellant&#039;s appeal. The Income Tax Appellate Tribunal was justified in its findings that the appellant, engaged in trading gold and silver ornaments, suppressed the value of closing stock for Assessment Year 2015-16. The appellant failed to provide necessary documents and evidence to support their contentions. The Tribunal dismissed the appeal and the subsequent Miscellaneous Application for review, as no substantial question of law was identified to challenge the order. The addition of unaccounted income based on the survey findings was upheld.</description>
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      <pubDate>Tue, 28 Nov 2023 00:00:00 +0530</pubDate>
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