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2007 (9) TMI 630 - HC - Income TaxExtract: ....... The assessee in the present case had given an explanation which found favour with the Tribunal. We think that the view taken by the Tribunal is one that could have possibly been taken in the matter. It is not perverse as to warrant interference or which gives rise to a substantial question of law. 7. There is no merit in this appeal. 8. Dismissed.
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