In the result, all the four appeals of the assessee are allowed
Bench: Shri Rajpal Yadav, Vice-(Kz) & Shri Rajesh Kumar]
2,12,36,700/- and why the same should not be treated as undisclosed receipt on the basis of seized documents which was replied by the assessee vide para 16 of written submissions copy of which is placed at page 217 to 220 of PB with corroborating evidences. The AO, after examining this reply and evidences filed by the assessee