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2014 (1) TMI 1487 - BOMBAY HIGH COURTUndisclosed income – Held that:- The Tribunal noted that the Assessee has furnished documentary evidence and details of the transactions - Apart from an e-mail which was seized during the course of search action, there was no supporting evidence available to come to the conclusion that an amount of Rs.3,80,00,000/- represented additional undisclosed income - Even as regards addition of Rs.3,65,07,000/-, the CIT(A) had, after due consideration of the material, deleted the addition on the ground that the Assessing Officer had acted without any material justifying the addition – Decided against Revenue.
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