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2009 (4) TMI 21 - HC - Income Tax
Search - block period - Addition made as undisclosed investment for acquiring development rights - onus of proving that such payment had not been made was on Revenue, which had not been discharged – tribunal is justified in holding that amount paid has to be deducted even if provisions of section 69C are attracted – in respect of addition on account of cash credits, these were based on entries recorded in Regular Books of Account so they can be considered only in regular assessment