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survey by Income tax department

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(Querist)
11 September 2016 if survey , income tax department found excessive stock of 1000k and cash of 120k . department issued demand order considereing it undisclosed income....what would be accounting treatment of stock nd cash .please tell me in detail
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amit gaur

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amit gaur (Expert)
14 September 2016 increase stock and cash on one side and increase capital on other side
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Jitendra Singh Kachchhawah

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Jitendra Singh Kachchhawah (Querist)
14 September 2016 pur A/c dr cash A/c dr. to Capital
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Jitendra Singh Kachchhawah

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Jitendra Singh Kachchhawah (Querist)
14 September 2016 is it correct?

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