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2009 (4) TMI 308 - SC - Income TaxIncome from undisclosed sources - Search in premises of partner of assessee – documents recovered indicate money received in addition to cheques – money was taxed as income from undisclosed sources of one year – tribunal directing AO in appeal from penalty to determine whether additional amount was received on different dates - it has been rightly held by the High Court that it is for the appellant-firm and its partners to explain and produce relevant documents before the Assessing Officer to show as to when and how the aforestated amount was received by them – direction of HC is proper
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