No Sec. 69C additions on basis of valuation done by site engineer if no excess WIP was found during search: HC

IT: Where in search no excess work-in-progress was found over that recorded in books and valuation of same during search was done by site engineer on provisional basis, valuation as per books was to be accepted and addition of unexplained expenditure being difference between valuation by site engineer and that in books was to be deleted

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