Tax Revision and Assessment Validated: Satisfactory Explanation Links Unrecorded Transactions to Business Activities.

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....Revision u/s 263 - Addition u/s 69 - taxability of income u/s 115BBE - nature and source of the surrendered income during the course of survey operation - the assessee has provided the necessary explanation about the nature and source of such unrecorded transactions and the necessary nexus with assessee’s business has been established - The order so passed by the AO cannot be held as erroneous due to lack of inquiry - AT....