Section 143 (2)

This query is : Resolved 

12 June 2016 The case of the private ltd company is scrutinized u/s 143(2) for Financial Year 2013-14. A.O. demands stock statement for financial year ended on 31.03.2013 and 31.03.2014 from Bank. The Stock position is as follows :-
Year Stock as per stock statement as per books of accounts difference
F.Year 2012-13 9.00 Crore 8.00 Crore 1.00 Crore
F.Year 2013-14 10.00 Crore 10.00 Crore No Difference

Please tell me what assessing officer can do for above difference in opening stock and what are remedies are available to me.

14 June 2016 I many time posted queries but never get reply. Now, no reply found for the query posted on 12/06/2016. Either I have no idea how to post or there is no one who have time to reply.

23 July 2025 https://docs.google.com/document/d/1p8XWK1z3u-3RHd-jb1ENN8a46JPC43vnO5uJMzDlmgs/edit?usp=sharing


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