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Court Upholds Section 68 Additions for Unexplained Cash Credits; Discrepancies in Bank Transactions Noted Across Multiple Locations.
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....Addition u/s 68 - unexplained cash credit - Many of the bank slips were signed by one person - The demand drafts were issued by Wadhwan city branch of the bank whereas the applicants were living at different places such as Kherwa, Patdi, Nana Ankleshwar, etc. - additions confirmed - HC....