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1982 (9) TMI 127

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....evious year. Assessee is an HUF. Assessment was completed by the ITO as per order dt. 12th July 1979 determining total income at Rs. 1,44,245. Said figure included a sum of Rs. 33,745, as being deemed income from undisclosed sources. In a raid conducted by the Central Excise Department on the business and residential premises of the assessee on 14th Aug., 1975 cash amounting to Rs. 39,825, certain....