Reassessment u/s 147 Confirms Additions u/s 68 Due to Unexplained Cash Deposits in Bank Accounts.
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....Reopening of assessment u/s 147 - additions u/s 68 - it is specifically found that cash were deposited in the Bank accounts of entry providers from where the amounts in question have been transferred to the account of the assessee. Therefore, there is escapement of income chargeable to tax - additions confirmed.....




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