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Unexplained investment - addition u/s 69 - hawala transactions - since once it is found that the transactions were merely bogus in nature without carrying out any actual transactions, the receipt thereof in the books could not be held to be genuine.

Income Tax - Unexplained investment - addition u/s 69 - hawala transactions - since once it is found that the transactions were merely bogus in nature without carrying out any actual transactions, the receipt thereof in the books could not be held to be genuine. - TMI Updates - Highlights ..... .....

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