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2013 (12) TMI 723 - HC - Income TaxUndisclosed investment - purchase of shares on credit from different 207 persons - Held that:- The details and other evidences in the nature of cheques, their dates, amounts, particulars of banks and addresses of the persons who are stated to have sold the shares, which have also been transferred by the Company in the name of the assessee - The burden which initially lay upon the assessee stood effectively discharged - No addition ought to have been made - Decided against Revenue.
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