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2010 (2) TMI 1049 - HC - Income TaxExtract: ....... to Rs. 17,00,000 to his sister-in-law Smt. Shweta Bhuchar respondent. Therefore, there is no doubt about the creditworthiness of the assessee-respondent to make the gift. Accordingly, the third question is also decided against the revenue and in favour of the assessee-respondent. 5. Accordingly, these appeals stands disposed of in the above terms.
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