Parties to Follow Income Tax Act Procedure; Section 69C Issue Remanded to Assessing Officer for Review with New Evidence.

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....Deemed unexplained expenditure u/s 69C - As both the parties agreed that in conformity with the procedure of law laid down in the Act for admission of additional evidences, the matter may be restored to the file of the Assessing Officer and the assessee may be directed to produce all the necessary documents/evidences before him in order to represent his case on merits. - AT....