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2012 (11) TMI 413 - ITAT, AHMEDABADAddition u/s 68 - opening cash balance - Held that:- Assessee was of 58 years of age and was engaged in the business since past many years and was regularly filed return of income year after year, could not be controverted by the Revenue. The accumulated balance of Rs.1,40,886/- could not be said to be unbelievable or excessive - in favour of assessee.
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