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2018 (3) TMI 1085 - HC - Income TaxUnexplained cash credit u/s. 68 - explanation to prove the source of the source - Held that:- The assessee had produced all details of advances made by the said lenders. The transfers were made through banking channels. Thus, the assessee had established the identity of the lenders, the genunuiness of the transaction and creditworthiness of the lenders. - Decided in favour of assessee
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