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Tax Authorities' Additions Removed Due to Lack of Evidence on Unexplained Expenditure; Assessee's Disclosure Accepted.

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Full Text of the Document

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....Unexplained expenditure - Addition on the basis of contents of the seized document - keeping in view the fact that the assessee has offered the amounts mentioned on the impounded material which has been accepted by the revenue and also keeping in view that revenue has not brought anything on record to prove that the assessee is liable to pay the taxes more than what has been already disclosed - additions deleted - AT....