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1974 (9) TMI 49 - MADRAS HIGH COURTExtract: .......00 are found to be cash gifts. But it cannot be so included if the gifts are found to have been made in the form of book entries. The Tribunal will have to determine the factual question as regarding the sum of Rs. 25,000 in the consequential proceedings under section 64(6). The reference is answered accordingly. There will be no order as to costs.
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