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2012 (5) TMI 748 - ITAT MUMBAIExtract: ....... has been given nor anything adverse has been brought on record, the ad hoc addition of ₹ 5,00,000/- cannot be disallowed. Thus, the order of the CIT(A) confirming the addition is set aside and accordingly, ground of appeal No.2 is allowed. 14. Resultantly, the appeal of the assessee is allowed. Order pronounced on this 11th day of May, 2012.
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