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    <title>1996 (7) TMI 173 - ITAT BOMBAY-C</title>
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    <description>The Tribunal upheld the validity of reassessment notices and subsequent assessments, estimation of income from house property and bogus hawala business, and charging of interest under sections 139(8), 215, and 216. It also affirmed the relief granted by the CIT(A) on estimated interest income. All appeals by the assessee and revenue, along with cross objections by the assessee, were dismissed.</description>
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      <title>1996 (7) TMI 173 - ITAT BOMBAY-C</title>
      <link>https://www.taxtmi.com/caselaws?id=58651</link>
      <description>The Tribunal upheld the validity of reassessment notices and subsequent assessments, estimation of income from house property and bogus hawala business, and charging of interest under sections 139(8), 215, and 216. It also affirmed the relief granted by the CIT(A) on estimated interest income. All appeals by the assessee and revenue, along with cross objections by the assessee, were dismissed.</description>
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