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2008 (4) TMI 220 - HC - Income TaxAddition on account of foreign remittances & on account of investment and profit in benami firms – allegation that daughters of the assessee are Benamidars - undisputedly, the four daughters of the assessee are independent assessees having their own separate bank accounts - In the assessment of daughters, all bank accounts were explained & the return of income was accepted – no evidence shown by revenue to controvert the affidavits filed by daughters - additions were rightly deleted by tribunal
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