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1979 (6) TMI 79 - AT - Income TaxExtract: .......nt to show that the said pronote was not genuine. On behalf of the Revenue no such evidence was produced. Looking to the pronote and the statement of the depositor it is clear that this loan was genuine. The finding of the learned AAC to the contrary is wrong. So the addition of Rs. 5,000 is deleted. 8. In the result, the appeal is allowed in part.
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