Allowing the appeal of the revenue the Court held that there was no duplication of assessment, as could be seen from the order of the Assessing Officer. The issue of fixed deposit receipts found in two banks, in bogus names was telescoped and the Assessing Officer in the subject assessment years had made addition only to the extent of Rs. 27.22 lakhs. This was not liable to be interfered with. The regular assessments made against the assessee for the years 1995-96 and 1996-97 had to be restored. (AY. 1995-96, 1996 -97)