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2013 (12) TMI 901 - AT - Income TaxUndisclosed investment - Held that:- No plausible explanation was furnished by the assessee to show that there was fall in the real estate prices during the past years - The value of another piece of land which was purchased by the assessee from 'Devabala Group' around same time had appreciated. This fact has not been disputed by the assessee - The CIT(Appeals) has only taken into consideration the amount advanced by the assessee to Shri C. Balan - Decided in favour of Revenue.
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