Supreme Court Sets Aside High Court Decision on Unexplained Expenditure u/s 69C in Block Assessment Case.

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....Unexplained expenditure u/s 69C - ITAT has also noted that the huge addition was made in the case of assessee’s group in the block assessment on the basis of the books so found. Therefore, it was found that the assessee was maintaining the books of accounts outside the regular books. - decision of HC deleting the additions set aside - SC....