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2011 (12) TMI 790

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....l for assessment year 2007-08 contending that the CIT(A) erred in confirming an addition of Rs. 12077814.00 as unexplained credit u/s 68 of the I.T. Act, 1961. 2. At the time of hearing of the appeal, neither the assessee nor any of his authorized representative were present, although, the last notice for hearing the appeal on 11.08.2011 was sent at the address given by the assessee in form no. 3....