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2013 (12) TMI 372 - GUJARAT HIGH COURT
Unexplained cash credit - Held that:- CIT(A) was satisfied with respect to the genuineness of the transaction and creditworthiness of Shri Ishwar Adwani - The said loan amount has been repaid by the assessee to Shri Ishwar Adwani in the immediate next financial year and the Department has accepted the repayment of loan without probing into it - Decided against Revenue.
