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1996 (9) TMI 37 - HC - Income TaxExtract: .......t the whole transaction was sham. Therefore, the said addition of Rs. 7,51,749 and Rs. 42,650 has been made in the income of the assessee. We are of the opinion that the Tribunal has rightly approached the matter and that there is no question of law involved. Hence, we answer the aforesaid question in favour of the Revenue and against the assessee.
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