TMI BlogAddition u/s 68 - it would be reasonable to believe the contention of the assessee of having received...Addition u/s 68 - it would be reasonable to believe the contention of the assessee of having received the initial finance from his father by way of a gift - Therefore, the genuineness of the transaction and also the creditworthiness of the father has been established. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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