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2010 (6) TMI 756 - AT - Income TaxExtract: ....... amounting to ₹ 20,00,000/- as on 31.03.1999 which was chargeable to Wealth Tax. Thus, in our opinion, the assessee has not discharged his onus and the explanation given by the assessee is not plausible. We accordingly set aside the order of the CIT(A) and restore the order of the A.O. 5. In the result, appeal filed by the Revenue is allowed.
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