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2008 (10) TMI 31 - HC - Income TaxSurvey - Re-opening of the assessments - additions on account of unaccounted expenditure on renovation of premises as also in respect of unexplained credits u/s 68 - reason to believe - Tribunal, therefore, concluded that the reasons, as recorded, do not show or indicate existence of any evidence regarding escapement of income in the three years in question - Assessing Officer was not justified in re-opening the assessment – order of tribunal is totally justified
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