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2018 (11) TMI 510 - AT - Income TaxUnexplained investment - Held that:- CIT(A) perused the bank statements filed by assessee and was in agreement with the grievance raised by assessee of there being double addition as the source of sum of the investments were out of withdrawals from the same bank which was already added as unexplained cash under section 68 of the Act. Assessee explained source of cash deposit, amounting to ₹ 68,63,000/-, which has been dealt with by Ld.CIT(A) - Decided in favour of assessee.
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