Section 69C: No Income Addition as Assessee's Explanation on Goods Purchase Expenditure Source Deemed Satisfactory by Officer.

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....Addition u/s 69C - purchase of goods - It is not the case of expenditure that was incurred by the it was not entered in the books of accounts. The AO has nowhere held that as to how the explanation offered by the assessee about the source of the expenditure was unsatisfactory. - No addition - AT....