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    <title>2017 (12) TMI 920 - ITAT DELHI</title>
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    <description>The High Court reversed the Tribunal&#039;s decision and remanded the case back for fresh examination, finding the search warrant was valid. The Tribunal deleted additions totaling Rs. 1,94,18,750 on speculation losses and Rs. 65,609 on property renovation investment, as no undisclosed income was proven during the block period. The assessee&#039;s appeal was allowed, setting aside the block assessment order.</description>
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      <link>https://www.taxtmi.com/caselaws?id=352651</link>
      <description>The High Court reversed the Tribunal&#039;s decision and remanded the case back for fresh examination, finding the search warrant was valid. The Tribunal deleted additions totaling Rs. 1,94,18,750 on speculation losses and Rs. 65,609 on property renovation investment, as no undisclosed income was proven during the block period. The assessee&#039;s appeal was allowed, setting aside the block assessment order.</description>
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