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Unexplained Income from Scrap Sales: Consistent Unaccounted Cash Across Years Deemed as Income Outside the Books.
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....Addition on account of sale of scrap out of books - unexplained sale - in all the years assessee has been generated unaccounted cash from the scrap sales outside books, then based on same ratio such unaccounted cash has to be treated as unexplained.....
TaxTMI
TaxTMI