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2011 (8) TMI 1295 - HC - Income TaxExtract: .......rically held that the AO has not doubted the genuineness of the transaction. Thus, the question of law, as raised therein, was answered accordingly and as such, the question of law referred in this reference petition, has already been settled. 9. In view of the above, question of law raised herein is well settled and is answered the in affirmative.
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