Amount borrowed or repaid on hundi

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..... rrowed on a hundi from, or any amount due thereon is repaid to, any person otherwise than through an account payee cheque drawn on a bank, the amount so borrowed or repaid shall be deemed to be the .....

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..... ons of this section on repayment of such amount. Explanation . -For the purposes of this section, the amount repaid shall include the amount of interest paid on the amount borrowed .] .....

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