Undisclosed cash from unsold stocks added to income; authorities uphold assessment for the prior year.

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Full Text of the Document

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....Undisclosed income - amount of cash ‘on-money’ with respect to all the unsold stocks - the cash ‘on-money’ was in-fact being received by the assessee in the previous year relevant to the impugned assessment year, hence, we uphold/sustain the additions - AT....