Undisclosed Incomes Case: Section 292C Presumption Applied; Assessee's Diary Disown Claim Invalid Due to Inadequate Explanation.

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....Undisclosed incomes - Presumption u/s 292C - assessee having miserably failed to point out with reference to each of the entries in the seized diary as to how it does not give rise to income, the assessee cannot take a valid plea that he disowned the diary - AT....