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Pr. Commissioner Of Income Tax (Central ... vs Vinita Chaurasia on 20 August, 2018

4. Having heard learned counsel for the appellant, this Court finds that the very same document seized from the residence of Mr.Lalit Modi, had been considered by the learned predecessor Division Bench in the case of Principal Commissioner of Income Tax (Central -2) v. Vinita Chaurasia (supra). After considering the same, the learned predecessor Division Bench had concluded that the Assessing Officer appears to have proceeded purely on conjecture as regards what the document states without noticing the internal contradiction and inconsistencies. The relevant portion of the Division Bench's Judgment in ITA No. 1004/2015 is reproduced hereinbelow:-
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