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Assessee Proves Investor's Identity and Credibility, Avoids Additions for Unexplained Loan in Transaction Case.

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Full Text of the Document

X X   X X   Extracts   X X   X X

....Addition on account of un-explained loan - assessee discharged its initial onus to prove the identity of the investor company, its creditworthiness and genuineness of the transaction in the matter - No additions.....

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