Court Rules in Favor of Assessee: No Addition for Unexplained Investments u/s 69 of Income Tax Act.

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....Unexplained investment/unexplained cash credit under section 68 & 69 - no addition is called for on account of baseless allegation of unexplained investment by the assessee u/s. 69 - Accordingly, the main effective grounds of assessee are allowed and AO is directed to delete the addition. - AT....