https://www.taxtmi.com/caselaws?id=787151 Article examines whether an addition under Section 69A for discrepancy between physical stock and books can stand where the assessee offers only that the variance is nominal and provides no independent valuation or corroborative evidence. It explains the statutory deeming mechanism for unexplained bullion, jewellery or valuables and applies the statutory standard that the assessee must provide a satisfactory explanation or supporting documentation to rebut deemed income; absent such evidence, the addition was sustained on appeal. en-us Fri, 20 Feb 2026 00:00:00 +0530 Fri, 27 Feb 2026 08:36:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787151 Article examines whether an addition under Section 69A for discrepancy between physical stock and books can stand where the assessee offers only that the variance is nominal and provides no independent valuation or corroborative evidence. It explains the statutory deeming mechanism for unexplained bullion, jewellery or valuables and applies the statutory standard that the assessee must provide a satisfactory explanation or supporting documentation to rebut deemed income; absent such evidence, the addition was sustained on appeal. Case-Laws Income Tax Fri, 20 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787151