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2012 (3) TMI 708 - AT - Income TaxExtract: .......pplication money from Money Penny Fincom Private Limited whose identity was not established as per the verdict of the coordinate Bench narrated hereinabove. Accordingly, we confirm the addition of Rs. 5 lacs in the hands of the assessee. 10. In the result, the appeal of the assessee is allowed in part. This order was pronounced on 23rd March, 2012.
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