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2004 (8) TMI 334 - AT - Income TaxExtract: .......ned, the same is on basis of suspicion and surmises and such addition cannot be justified in view of the Third Member decision of the Tribunal reported as Raj Kumar Jain vs. Asstt. CIT (1994) 49 TTJ (All)(TM) 558 (1994) 50 ITD 1 (All)(TM). Accordingly, the addition made by the AO is also deleted. 6. In the result, appeal of the assessee is allowed.
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