https://www.taxtmi.com/caselaws?id=793104 Documentary evidence such as confirmations, books, bank statements and tax records supported the unsecured loan, so the section 68 addition was deleted. The alleged sales difference was treated as a duplicate trading receipt because the regular books already reflected higher sales, so that addition was also deleted. For stock shortage, only the profit element was taxed, not the entire difference. Unexplained gold and jewellery additions under section 69 were not sustained in full: six gold bars were accepted as business stock and the remaining items were to be recomputed with relief under CBDT Circular No. 1916. Consequential assessment was directed under the normal provisions, with section 115BBE confined to transactions on or after 01.04.2017. en-us Wed, 13 May 2026 00:00:00 +0530 Tue, 09 Jun 2026 07:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793104 Documentary evidence such as confirmations, books, bank statements and tax records supported the unsecured loan, so the section 68 addition was deleted. The alleged sales difference was treated as a duplicate trading receipt because the regular books already reflected higher sales, so that addition was also deleted. For stock shortage, only the profit element was taxed, not the entire difference. Unexplained gold and jewellery additions under section 69 were not sustained in full: six gold bars were accepted as business stock and the remaining items were to be recomputed with relief under CBDT Circular No. 1916. Consequential assessment was directed under the normal provisions, with section 115BBE confined to transactions on or after 01.04.2017. Case-Laws Income Tax Wed, 13 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793104