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2005 (3) TMI 430 - ITAT VISAKHAPATNAM
Extract:
.......as not the undisclosed income within the definition of s. 158B(b) of the IT Act, therefore, the AO cannot got into the merits by examining the creditors during block assessment proceedings. This action of the AO in our opinion is illegal. The appeal of the assessee on that ground is allowed. 23. In the result, the appeal of the assessee is allowed.