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1984 (2) TMI 39 - HC - Income Tax
Extract:
....... it cannot be treated as an admission of the assessee that the hundi loans in question in that case were not genuine. The decision in that case rested on the special facts and, therefore, that has no application here. In this view, we have to answer questions Nos. 1 and 2 in the negative and against the assessee. There will be no order as to costs.