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2011 (12) TMI 73 - ITAT, AHMEDABADAddition u/s 68 - identity of the lender, genuineness of the transaction and creditworthiness of the lender - matter remanded back to AO to reconsider the issue. Personal use - addition of Rs.13,786/- being 20% of vehicle expenses and depreciation of Rs.68,931/-. - Held that:- The ld. CIT (A) has reduced the disallowance to 10% of the total expenses. We, however, feel that this addition to be restricted to 5% of the total expenses. This ground is partly allowed.
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