Income Tax Dept. Can't Assume Past Events Without Evidence u/s 68 & 269SS for 1997-98 Assessment Year.

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....The income tax department cannot presume something to have happened five years ago just because in the assessment year 1997-98 the assessee failed to explain its source of fund u/s 68 and cash fund u/s 269SS. It did not mean that it indulged in similar activity in the previous year 1992-93.....