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2014 (6) TMI 322 - AT - Income TaxDenial of exemption u/s 10(38) of the Act LTCG on sale of shares Sale consideration treated as undisclosed sources Held that:- It does not emerge as to what is the exact allegation to assess the income of the assessee - CIT(A) has raised list of objections against assessee but it has not been disputed that the objections were not communicated to assessee during hearing of first appeal thus, the matter is required to be remitted back to the AO for fresh adjudication Decided in favour of Assessee.
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