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2012 (5) TMI 98 - ITAT RAJKOTAddition made for unexplained investment – Clubbing of income - Held that:- AO rejected the submitted copies of all ledger accounts from the books of husband of the assessee indicating proof of source of income in the mutual funds on the ground on doubt and suspicions - once the source of investment is explained, the capital arising thereof is taxable in the hands of the husband of the assessee and not in the hands of the assessee – in favour of assessee.
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