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2011 (11) TMI 665 - AT - Income TaxExtract: ....... by the assessee in respect of loan of ₹ 20 lakh claimed to have been taken from one Rashi International. Thus, the order of CIT(A) in confirming the addition of ₹ 20 lakh on this account is upheld. 20. In the result, the appeal filed by the assessee is partly allowed. This decision is pronounced in the open court on 4th November, 2011.
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