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2006 (4) TMI 581 - AT - Income TaxExtract: .......s that such cash credits are either ingenuine or bogus. Since no material is found, accordingly such cash credits cannot be considered as undisclosed income as per provisions of section 158B(b). We accordingly delete the addition in respect of unexplained cash credits also. In the result, the assessment order is set aside and the appeal is allowed.
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