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![Investment in the Excess Stock is Taxable as ‘Business Income’: ITAT Jaipur [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Investment-Taxscan.jpg "Investment in the Excess Stock is Taxable as ‘Business Income’: ITAT Jaipur [Read Order]")
Investment in the Excess Stock is Taxable as ‘Business Income’: ITAT Jaipur [Read Order]
In Bajargan Traders C/o Kalani & Co v. ACIT, the Jaipur bench of the Income Tax Appellate Tribunal (ITAT) held that investment in the excess stock...