Undisclosed business profits shouldn't trigger extra charges for excess purchases or creditor discrepancies. Include all in business profits.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Since the profit determined is profit from undisclosed sources/business, there should not be any separate additions made towards excess purchases and difference in sundry creditors balances as the same are to be construed only for the undisclosed businesses.....