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2007 (7) TMI 701 - BOMBAY HIGH COURTExtract: .......#8377; 50,000/- on the ground that the cash creditors were not assessed to tax. 8. Accordingly, we hold that the additions of ₹ 50,000/- in the hands of the assessee cannot be sustained. Both the questions are answered in favour of the assessee and against the revenue. 9. The Appeal is allowed in the aforesaid terms with no order as to costs.
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