Discrepancy in Stock Records Validates Income Addition; Claims of Coercion in Statement Signing Rejected.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Unexplained closing stock - discrepancy of the actual stock and the stock as recorded in the books of account - The survey was done in the presence of the assessee and hence, it cannot be alleged that the assessee was forced to sign the recorded statement - Additions confirmed - AT....