Unexplained Deposits: Rs. 50,000 Confirmed, Rs. 50,000 Deemed Unexplained u/s 68 of Income Tax Act.

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....Addition of unexplained deposits u/s 68 - when the depositor is confirming only ₹ 50,000/- out of ₹ 100,000/- shown by the assessee, it has to be accepted that balance deposit was not explained. - AT....