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2017 (3) TMI 1829 - HC - Income TaxAddition on account of retraction from income admitted as undisclosed and not recorded in the books of accounts in the statement of the Director of the assessee company recorded on oath - Survey operations u/s 133A - ITAT upholding the decision of CIT(A) of deleting the addition - HELD THAT:- The appellant and the other sister concerns are independent and merely on 133A statement the addition could not have been made. Therefore, the CIT (A) as well as the Tribunal have not committed any error in deleting the addition.- Decided in favour of assessee.
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