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The learned CIT(A) erred in deleting the disallowance of expenses of Rs. 22, 24, 241 when it was established from discrete enquiry that assessee is showing fifty thousand rupees as net receipt in the P&L account and at the same time claiming expenditure against the net receipts.

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Sec. 143(2) of Income Tax Act, 1961— assessment —ITO vs. SRI. P.N. KRISHNAMURTHY.[2020] 24 ITCD Online 020 (ITAT-BANGALORE)

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