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2011 (7) TMI 959 - HC - Income TaxQuestion of law - Additions of Rs. 24.50 lacs made by the AO in the course of assessment proceedings - CIT(A) and Tribunal accepted the factual explanation coupled with the evidence tendered by assessee in relation to the impugned additions made by AO and held that since the same has been properly explained and hence, it cannot be included while computing the total income of the assessee - Held that: this Court in its appellate jurisdiction under s. 260A ibid, would not again de novo hold yet another factual inquiry with a view to find out as to whether explanation offered by assessee and which found acceptance to the Tribunal is good or bad, or whether it was rightly accepted, or not - it does not involve any substantial question of law. - Decided in favor of the assessee
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