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2007 (1) TMI 582 - HC - Income TaxExtract: .......he negative, i.e., in favour of the revenue and against the assessee. 4. The impugned order of the ITAT is set aside. The matter be sent to the concerned Assessing Officer for recomputing the deductions in the event that the appeal effect has already been given to the impugned order of the ITAT. The appeal is accordingly allowed in the above terms.
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