https://www.taxtmi.com/caselaws?id=463924 Excess stock found during survey and surrendered as business income was treated as undisclosed business income, so section 69 did not apply and the special rate under section 115BBE could not be invoked; that addition was deleted. By contrast, the admitted suppressed construction cost was treated as unexplained investment under section 69B and remained chargeable under section 115BBE; that addition was sustained. The decision therefore granted only partial relief to the assessee. en-us Thu, 06 Jul 2023 00:00:00 +0530 Mon, 22 Sep 2025 21:28:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463924 Excess stock found during survey and surrendered as business income was treated as undisclosed business income, so section 69 did not apply and the special rate under section 115BBE could not be invoked; that addition was deleted. By contrast, the admitted suppressed construction cost was treated as unexplained investment under section 69B and remained chargeable under section 115BBE; that addition was sustained. The decision therefore granted only partial relief to the assessee. Case-Laws Income Tax Thu, 06 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463924