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Section 68 Addition Overturned: Shareholder Companies Prove Financial Credibility in Subsequent Rounds, No Additions Imposed.
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....Addition u/s 68 - The addition cannot be sustained only for the simple reason that these shareholder companies have not responded in first round of commission - in second round of commission the parties have come forward and submitted their requisite reply in order to justify the financial credibilities - No addition - AT....
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