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Bench: SHRI MANOMOHAN DAS, JUDICIAL MEMBER SHRI SANJAY AWASTHI (Accountant Member)
section 69 is not at all applicable in the instant case. In my considered view, when asset of an assessee is found to be of lesser value then the value disclosed by him in the books of account then in such a situation neither there is any reason or logic for increasing the income of the assessee by the differential