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Assistant Commissioner Of Income Tax vs Sanjay Chhabra Son Of Late Shri Moti Lal ... on 27 January, 2022

41. We particularly find the reliance placed by the Ld. CIT(A) in support of his above findings on the decision of the Hon'ble Delhi High Court in the case of CIT v. Sant Lal (423 ITR 1) to be of relevance. In this case, the Department epartment relied upon the noting's of hundi in the diary seized from the premises of third party. The said noting's allegedly contained entries of hundi transactions on behalf of parties including assessee whose names were re written in abbreviated/code words.
Rajasthan High Court - Jaipur Cites 75 - Cited by 6 - Full Document
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