Assessment Reopening and Addition u/ss 147 & 68 Upheld; Assessee's Denial Deemed Insufficient Without Evidence.

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....Validity of reopening of assessment u/s 147 - Addition u/s 68 - learned CIT(A) is correct in holding that when the assessee has been found to be engaged in bogus accommodation entry by investigation wing and assessee simply denies the same without submitting complete details of bank statement assessee's plea has no legs to stand. - AT....