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2022 (9) TMI 179 - ITAT DELHIReopening of assessment u/s 147 - Unexplained credits u/s 68 - treating the LTCG as not a genuine transaction - grievance of the assessee that the assumption of jurisdiction u/s 148 is not in accordance with law hence, vitiated - HELD THAT:- The assessee has not filed any supporting evidences regarding notice u/s 148 being defective and also in respect of the transaction which is treated to be not genuine by the authorities below. In the absence of any supporting evidences by the assessee, we do not see any reason to interfere in the finding of CIT(A), the same is hereby affirmed hence, rejected. Thus, grounds raised by the assessee are dismissed.
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