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2007 (4) TMI 218 - HC - Income TaxExtract: .......na fide believed that the cash transactions below Rs. 20,000 was permissible and the cause shown by the assessee constituted reasonable cause. The finding of the Tribunal cannot be said to be grossly perverse or unsustainable in law. In our considered view, the appeal does not give rise to any substantial question of law. It is dismissed in limine.
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