https://www.taxtmi.com/caselaws?id=781839 ITAT allowed the assessee's appeal substantially. It held that the surrender of excess cash and stock during survey was voluntary, duly recorded in the books and returns, and fully covered the discrepancies; hence no further addition was warranted. Additions for alleged unexplained investment in building construction, for Rs. 1 crore based on impounded slip pad entries relating to partners, and for Rs. 80 lakhs on account of sundry debtors based on loose typed sheets were deleted for lack of corroborative evidence. The rejection of book results and estimation of higher net profit was also set aside, as non-maintenance of stock register alone could not justify such action. en-us Mon, 27 Oct 2025 00:00:00 +0530 Wed, 19 Nov 2025 15:13:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781839 ITAT allowed the assessee's appeal substantially. It held that the surrender of excess cash and stock during survey was voluntary, duly recorded in the books and returns, and fully covered the discrepancies; hence no further addition was warranted. Additions for alleged unexplained investment in building construction, for Rs. 1 crore based on impounded slip pad entries relating to partners, and for Rs. 80 lakhs on account of sundry debtors based on loose typed sheets were deleted for lack of corroborative evidence. The rejection of book results and estimation of higher net profit was also set aside, as non-maintenance of stock register alone could not justify such action. Case-Laws Income Tax Mon, 27 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781839