Section 69: Unexplained Investment Needs More Than Just a Confirmation Letter; Creditor's Identity and Authenticity Matter.

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....Addition under S.69 - unexplained investment - Merely on the ground that confirmation letter was filed by another person, the genuineness of the transaction cannot be doubted, since there can be no doubt with regard to either identity of the creditor and his credit-worthiness, or the genuineness of the transaction - AT....