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2012 (1) TMI 185 - SC ORDERAdditions under section 68 - assessee obtained 25 advance licenses from DGFT under DEEC scheme for duty free imports, has grossly over invoiced export of CD ROMs to show its export obligations as having been fulfilled. It was alleged in the aforesaid report that the assessee had partly sold a few of these licenses to various importers for duty free imports - ITAT confirming the order of the CIT(A) in deleting additions.
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