ITAT Deletes ₹6.67 Cr Gold Stock Additions After Complete Reconciliation

Royal Chains Pvt Ltd Vs DCIT (ITAT Mumbai) Gold Stock Additions Collapse: ITAT Says Reconciliation + Confirmations = No 69A- Survey Statements Not Gospel—Documentary Evidence Saves Assessee from Rs.6.67 Cr Additions In these cross-appeals, Tribunal dealt with CSR donation u/s 80G, additions u/s 69A on alleged excess gold stock &  Assessee’s claim of short-term capital loss on sale of a factory building. Tribunal noted that CSR expenditure is disallowed u/s 37 Explanation 2 while computing business income, but this does not bar deduction u/s 80G while computing total income, subject to...