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2004 (8) TMI 618 - ITAT MUMBAI
Extract:
....... addition made by Assessing Officer to be quite justified inasmuch as the entry of this purchase is admittedly wrong/false. We, therefore, reverse the impugned order of ld.CIT(A) and restore that of Assessing Officer on this count. We order accordingly. 35. In the result, revenue rsquo s appeal No. 3584/Bom./95 is partly allowed as indicated above.